Search Results: economics

There are more than 200 results, only the first 200 are displayed here.

  • RELIGION

    From Caracas to Rome: The story of Arturo Sosa

    • 07 November 2016
    1 Comment

    Two days after his election, the communications team of General Congregation 36 sat down with Father General Arturo Sosa to discuss his life and thought. The conversation introduces the new Superior General in a way that is more personal, to Jesuits and the wider Ignatian family around the world.

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  • ECONOMICS

    It will take more than a royal commission to tame the banks

    • David James
    • 10 October 2016
    2 Comments

    The strategy of the Big Four banks' appearance in parliament was clear enough. Blame the whole thing on a need to improve impersonal 'processes', imply that there have been a few bad apples but overall things are fine, and promise to do better in the future. The greatest challenge was probably to hide the smirks. A royal commission is being held up as an alternative, and no doubt it would be more effective. But a royal commission would not address the main issue.

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  • AUSTRALIA

    Inquiry into data use asks the wrong questions

    • Kate Galloway
    • 06 October 2016
    3 Comments

    The Productivity Commission was charged in March to inquire into 'data availability and use'. The inquiry holds important implications for Australians because our personal information is collected and stored by business and government in nearly all our daily interactions. The inquiry's terms of reference however make a number of assumptions, making it look very much as though it will find that the benefits of making data available outweigh the costs. And those costs are likely to be our privacy.

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  • AUSTRALIA

    Identity politics and the market

    • Andrew Hamilton
    • 05 October 2016
    5 Comments

    In political commentary liberal politics and identity politics are often presented as polar opposites. For supporters of liberal politics the relationship between the two is one between virtue and vice, rationality and emotion, the wise against the mob. I believe that the relationship is more complex, that identity politics shares the same stunted assumptions about personal and national identity as liberal politics, sees the self-interest of the latter, and wants to despoil it.

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  • ECONOMICS

    Morality is back on the economic agenda

    • Andrew Hamilton
    • 20 September 2016
    4 Comments

    It is a welcome change to see budgets spoken of in moral terms. The government recently insisted on a moral responsibility to future generations to fix the deficit. And the Australian Catholic bishops welcomed on moral grounds the compromise that saw dropped from the budget measures which would further disadvantage vulnerable people. The difference was that the government's argument was focused on the budget, whereas the bishops' focused on particular groups of people.

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  • RELIGION

    Moving beyond idiocy in US election repartee

    • Andrew Hamilton
    • 17 August 2016
    11 Comments

    Years ago someone defined repartee as, 'I say to you, "You're a bloody idiot", and you say back to me, "No, you're the bloody idiot".' It was then intended as a joke. Today it seems an accurate description of much public exchange, which is adversarial, leaves no room for qualification, and condemns anyone who does not endorse right-minded opinion. The most spectacular current instance of this is to be seen in the way in which those attracted to the cause of Trump or Clinton speak of their antagonists.

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  • AUSTRALIA

    Market economics not the solution for human services

    • Roland Manderson
    • 12 August 2016
    14 Comments

    There is a joke about a man looking for a coin under a streetlight: he had dropped it elsewhere, in the dark, but was looking under the streetlight because he could see more clearly there. In the same way, the thinking behind the Productivity Commission inquiry into increasing competition, contestability and informed user choice in human services is fundamentally flawed. The complexity and interconnectedness of human services is too challenging for market economics to properly address.

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  • INTERNATIONAL

    The merits of Trump's economic agenda

    • David James
    • 09 August 2016
    15 Comments

    The main legislative catalyst for the GFC was the repeal, in 1999 by Bill Clinton, of the Glass Steagall Act, which had prohibited commercial banks from engaging in the investment business. This allowed the investment banks to indulge in the debauch of financial invention that almost destroyed the world's monetary system. Trump has made the reinstatement of Glass Steagall official policy. Should that happen, it could be the most beneficial development in the global financial system for decades.

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  • ENVIRONMENT

    Environmentalists' potential allies on the populist right

    • Greg Foyster
    • 03 August 2016
    6 Comments

    The neoliberal right is losing political power to the populist right, which isn't filled with the same ideological zeal for free-market capitalism. Suddenly debates can expand beyond the narrow confines of economic growth. Moral and social arguments won't be relegated to the intellectual fringes anymore. Mainstream parties of the left and right, both of which bought into the neoliberal agenda, will have to break their bipartisan dismissal of discontent with the side effects of globalisation.

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  • INTERNATIONAL

    Beyond the myth of the rational voter

    • Fatima Measham
    • 01 July 2016
    8 Comments

    When the democratic exercise is no longer the aggregate of informed, reasoned choices, but a matter of mood, then the business of persuasion - politics - becomes far less about ideas and more about momentary catharsis. This shifts the function of politicians and government, from leading and dispensing equity to masturbatory aid. Even so, there are questions worth asking. But at whose expense are public moods assuaged? After catharsis, what happens next?

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  • AUSTRALIA

    'War on business' rhetoric echoes '07 union bashing

    • Brendan Byrne
    • 27 June 2016
    15 Comments

    Whether or not the person in the now notorious 'fake tradie' ad is or isn't a 'real' tradie is irrelevant. What is relevant is that it is a primary example of the co-option of the language of class struggle and economic justice that has so thoroughly poisoned economic debate in the industrialised West. Implicit within it is a patronising view of the working class that dismisses them as gullible dupes who can be made to entrench the privilege of the few in return for the paltry crumbs of consumer hedonism.

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  • AUSTRALIA

    Positivity key to the new Shorten's rise

    • J. R. Hennessy
    • 30 May 2016
    4 Comments

    Labor has built a small poll lead over the Coalition as led by the eminently more marketable Malcolm Turnbull, and in this case the commentariat are willing to give Shorten and Labor the credit. They're the ones controlling the policy conversation and setting the agenda, and it feels like the government are just responding in turn. Who is this Bill Shorten? This is someone who even a few months ago would be largely inconceivable in the top job, but now seems at the very least plausible.

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