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Keywords: Economics

  • ARTS AND CULTURE

    The matter of trust

    • Gillian Bouras
    • 19 August 2021
    9 Comments

    My son’s Athenian flat was burgled last month. I had been visiting Athens for the first time in more than a year, and so was with the family when they arrived back, after a fairly brief evening absence, to sheer chaos. Anybody who has had this experience will be able to picture the scene: every drawer and cupboard had been opened, with the contents spilled and strewn everywhere. Even the loft had been checked.

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  • AUSTRALIA

    Unnecessary red tape aimed at silencing charities

    • Frank Brennan
    • 17 August 2021
    9 Comments

    Last Wednesday, the Senate Standing Committee for the Scrutiny of Delegated Legislation chaired by the Government’s Senator Concetta Fierravanti-Wells tabled a report highlighting problems with a proposed new regulation affecting charities.

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  • ECONOMICS

    Why inflation isn't higher

    • David James
    • 12 August 2021
    4 Comments

    The biggest mystery of the financial markets is why, when the monetary authorities have been printing money with their ears pinned back, is inflation for the most part not a problem? What happens with inflation is crucial to the short-term survival of the whole system. Global debt, which is running at well over 300 per cent of global GDP, is only sustainable because interest rates are exceptionally low (the base rate in Australia is only 0.1 per cent). And interest rates are low because inflation is not a problem.

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  • ECONOMICS

    Homelessness is caused not by poverty but by wealth

    • John Falzon
    • 10 August 2021
    13 Comments

    When you put rising housing costs alongside stagnating wages, an alarming trend in normalising insecure work, persistent unemployment and underemployment, and statutory incomes that are going backwards in real terms, there’s good reason to be deeply worried about an increase in homelessness.

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  • ECONOMICS

    We need to rebuild our social foundations

    • John Falzon
    • 15 June 2021
    4 Comments

    Our economy is 1.1 per cent larger than a year ago. Yet, as the situation in Victoria reminded us, none of us are safe unless all of us are safe. And we cannot be safe while work remains increasingly insecure, while social security payments are inadequate and while our public infrastructure is found wanting.

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  • ECONOMICS

    The economy is never as good as it looks and never as bad as it seems

    • David James
    • 04 May 2021
    2 Comments

    But although the Coalition will never admit it, it looks suspiciously like there has been some bipartisan institutional learning about how to manage financial crises. If you want to stimulate an economy in times of crisis put the money directly into the economy, either into people’s pockets or to businesses who then pass it on to workers.

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  • INTERNATIONAL

    Football, money and the nature of the local

    • Andrew Hamilton
    • 29 April 2021
    4 Comments

    The history of sport, with its varied and often conflictual relationships between local communities, money and administration, provides the context for understanding the Super League move. It also raises more important questions about the nature and importance of the local. 

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  • AUSTRALIA

    Are we all in this together?

    • Ursula Stephens
    • 01 April 2021
    1 Comment

      At the beginning of the Covid-19 pandemic, the government reassured Australia ‘We’re all in this together’ but the truth is that the end of JobKeeper and the Coronavirus supplement payments will leave more than 2.6 million people in poverty.

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  • MEDIA

    Unfriending Australia: Facebook takes action

    • Binoy Kampmark
    • 23 February 2021
    2 Comments

    Instead of retaining its control of a fruit market, or preserving an oil monopoly, Facebook harnesses another resource: data. Any regulator or sovereign state keen to challenge the way the Silicon Valley giant gathers, monetises and uses that data will face their ire.

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  • AUSTRALIA

    Pragmatism: obscuring ideology in Australian politics

    • Benedict Coleridge
    • 09 February 2021
    30 Comments

    The celebration of pragmatism in Australian politics obscures the role that ideology has always already played. In fact, one of the more stealthily ideological moves in Australian politics, generally made within that swirl of commitments people call ‘centrism’, is the de-politicisation of policy — the attempt to present policy as responsive to natural imperatives rather than to specific values and ideals.

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  • INTERNATIONAL

    The politics of vaccines

    • Daniel Sleiman
    • 04 February 2021
    8 Comments

    Despite talk against ‘vaccine nationalism’ the pharmaceutical companies are ultimately beholden to investors and shareholders. Their effectiveness percentages are pitches. They will sell to those who can afford to buy. And naturally that’s wealthy countries.

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  • ECONOMICS

    Overhauling economics to combat climate crisis

    • David James
    • 17 November 2020
    5 Comments

    There is a common error about economics that, if not corrected, has far reaching consequences. It is the widely held belief that economic growth and consumption are the same. They are not.

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