Search Results: joseph stiglitz

  • ECONOMICS

    No economy of exclusion and inequality

    • Joe Zabar
    • 27 February 2018

    'Francis' statement is not one merely for theological or academic contemplation. It is in effect Francis' call to establish a new benchmark for our economy, one where exclusion and inequality are no longer a natural and accepted consequence of its operation.' Director of Economic Policy for Catholic Social Services Australia addresses the CSSA annual conference in Melbourne, February 2018.

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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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  • RELIGION

    'The Australian' gangs up on Pope Francis

    • Bruce Duncan
    • 10 July 2015
    37 Comments

    In a series of articles, The Australian newspaper has strongly criticised the new encyclical Laudato Si', with editor-at-large Paul Kelly charging that the Pope has 'delegitimised as immoral' pro-market economic forces. This is wrong. Pope Francis is not opposed to the free market in principle, but insists that it be well regulated to ensure social justice for all involved.

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  • AUSTRALIA

    An opportunity to invest in Australia's needy

    • Lin Hatfield Dodds
    • 02 July 2014
    9 Comments

    Australia's welfare system was designed for an era where men were the breadwinners and women worked outside the home only until marriage. Australia is a different place now, and the McClure review is an opportunity to update and simplify the system. But it must not confuse short-term cost-cutting with efficiency.

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  • AUSTRALIA

    Australia's political goldfish bowl from the outside

    • Ray Cassin
    • 09 September 2013
    20 Comments

    The Economist's leader writer and other international international observers including Joseph Stiglitz judged that, by most objective measures, Labor's achievements should be preferred to the Coalition's offerings. The big picture went unacknowledged in Australia's dismal, dispiriting election campaign.

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  • AUSTRALIA

    Hockey and Thatcher's 'no entitlement' is bad economics

    • Michael Mullins
    • 14 May 2012
    15 Comments

    Joe Hockey provoked outrage with his recent suggestion that we should rely on families rather than the state for social welfare. His premise that high social spending leads to debt and decline reflects the GDP fetish of fundamentalist economists that Joseph Stiglitz blames for Europe's current economic problems.

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  • MEDIA

    Julia Gillard vs Kim Jong-il

    • Alan Austin
    • 29 July 2011
    21 Comments

    North Koreans admire their glorious leader and his visionary ministers, despite their poor economic and human rights record. By contrast, most Australians despise the current Labor Government, despite the high esteem with which it is regarded internationally. How can this be? 

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  • ARTS AND CULTURE

    No apologies for Howard's unjust war

    • Bruce Duncan
    • 20 December 2010
    7 Comments

    With no hint of regret or apology, John Howard has defended his decision to join the 2003 invasion of Iraq. He gives no consideration to the just war criteria. This is not surprising, as on all these principles the case for a just war fails.

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  • ECONOMICS

    The chuckling economist

    • Brownyn Lay
    • 05 January 2009
    3 Comments

    On the day the markets bled we rushed to hear Stiglitz's diagnosis. The Nobel Laureate used to be Chief Economist of the World Bank, ending his term in fisty cuffs with the IMF and the US over their financial bullying of developing nations. Stiglitz had schadenfreude written all over his face. (October 2008)

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  • ECONOMICS

    Bankers conspire to cover their assets

    • Les Coleman
    • 22 October 2008
    3 Comments

    Circumstantial evidence suggests that during the past few weeks we have seen a massive manipulation of monetary policy to support US bank stocks. The manipulation has been played out in plain view, which, of course, is the best place to hide a secret.

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  • ECONOMICS

    The chuckling economist

    • Bronwyn Lay
    • 13 October 2008
    16 Comments

    On the day the markets bled we rushed to hear Stiglitz's diagnosis. The Nobel Laureate used to be Chief Economist of the World Bank, ending his term in fisty cuffs with the IMF and the US over their financial bullying of developing nations. Stiglitz had schadenfreude written all over his face.

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  • RELIGION

    How economic growth can bust poverty

    • Frank Brennan
    • 25 October 2007
    2 Comments

    On foreign aid, development assistance and trade justice, Peter Costello says “Economic growth is the real poverty buster”. The bishops say: "True, but economic growth must go hand in hand with eradicating poverty and ensuring trade justice".

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