Search Results: economics
There are more than 200 results, only the first 200 are displayed here.
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ECONOMICS
- David James
- 14 December 2022
What the failed attempt to crush Russia’s economy has revealed is that America’s and Europe’s dominance of the global financial system is something of an illusion; more like money changing hands in a giant casino rather than actual wealth.
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ECONOMICS
- Justine Toh
- 24 November 2022
1 Comment
When we talk about ‘the economy’, we assume there’s only one worth knowing about: the market economy. That’s why we speak about the economy and GDP in the same breath: we treat the sum of goods and services produced and sold — and the profits we hope they’ll add to the bottom line — as our measure of the health of the nation. Which would be fine if the market economy was the only one that existed.
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ECONOMICS
- David James
- 16 November 2022
1 Comment
Financial markets are made up of human beings and human beings have always been storytellers — long before science, or modern finance, or accounting even existed. Accordingly, the main skill of successful analysts, advisers, financial gurus and commentators is the construction of compelling narratives. They are, if not exactly creators of fairy stories, not too far removed from it.
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AUSTRALIA
- David Halliday
- 14 November 2022
How much financial strain can a system tolerate? With families simultaneously staring down the four horsemen of wage stagnation, higher prices of goods, higher bills, and higher mortgage repayments, something’s got to give.
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ECONOMICS
- David James
- 28 October 2022
Who wields the most power in the world? If one follows the money trail, it becomes clear that Western societies have become ruled by a new type of aristocracy: a management aristocracy.
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ECONOMICS
- David James
- 18 October 2022
3 Comments
The world is facing cross-currents: a collapsing financial system that is balanced by the benefits of massive, long term improvements in production efficiencies, mainly because of technological advances. It is a bad news/good news story that can only be seen accurately if the intractable errors of contemporary economics are jettisoned. We are in a battle between finance fictions and reality.
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AUSTRALIA
- Julian Butler
- 29 August 2022
The absence of trust undermines our ability to meet basic human need, to feel supported, to share resources and to effectively divide responsibilities. Mistrust imposes its own ‘price’ on every ‘transaction’, every engagement with others becomes more costly as we need to account for the perceived insincerity and unreliability of others.
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INTERNATIONAL
- David Halliday, Beth Doherty, Tim Dunlop, Matthew Howard
- 26 August 2022
When former Facebook employee Frances Haugen released a trove of documents revealing internal research on the negative effects its social media products were having on mental health, the darker side of social media became hard to ignore. So how might the harmful effects of social media be mitigated into a social benefit for a saner, more coherent society?
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INTERNATIONAL
- Max Jeganathan
- 15 August 2022
3 Comments
Despite a post-pandemic bull-run, both the national and international economy are now stalling. Interest rates are going up. Markets are going down. Inflation seems unstoppable. While many factors are to blame for the rising cost of living, a catalysing force continues to be our response to the war in Ukraine.
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ENVIRONMENT
- Stephen Minas
- 09 June 2022
4 Comments
The Liberal wipeout in inner-city electorates is without precedent in Australian politics. For the Liberal Party, ‘existential crisis’ is not an overstatement. As the party founded by Robert Menzies finds itself in the hall of mirrors, climate policy should be a major focus of critical self-appraisal.
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ECONOMICS
In purely economic terms, the upcoming Federal election is extremely unusual. The shut down of the Australian economy for almost two years because of health measures really has no precedent in our history. Only war can produce that type of shock. The Federal government’s financial response was as extreme as the state of emergency measures, including a sharp increase in Australian government debt. It remains to be seen, however, if the government gets much credit for injecting so much free money into the economy. It is unlikely.
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ECONOMICS
- Julian Butler
- 31 March 2022
In 2020 as the Covid-19 pandemic raged globally, as Australia shut its borders and some states shut in their people, massive government income support was introduced. The government was a little slow coming to recognise the need for such measures. Once they had, they wanted the support rolled out as quickly as possible. Frydenberg, Scott Morrison and their colleagues recognised that a demand side boost was absolutely necessary to sustain economic activity. The government was uncomfortable, though, with this approach.
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