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Economics may be useless for forecasting, and its assertions can be overly simplistic. But it is a language that should be understood, and here is a good place to start. In simple and clear prose, Leigh spans the history of human economic activity, beginning in prehistoric times and ending with the modern day.
How can we make progress on the question of whether debate can do harm, and if it can, whether that’s a sufficient reason to suppress particular debates? Or should we adopt a ‘no debate!’ approach to particular topics ourselves?
Prominent figures such as Australia's Treasurer Jim Chalmers and Pope Francis are turning to economist Mariana Mazzucato for insights on reforming the neoliberal capitalist system. Her vision for an equitable and sustainable global economy, aligned with the UN Sustainable Development Goals, is influencing key discussions on economic fairness worldwide.
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.
What would the world have been like today if the Reformation had not happened? Would it really have been a better Church and a better world? And how, indeed, can we evaluate these enormous historical events?
The COVAX (COVID-19 Vaccines Global Access Facility) scheme, touted as a levelling measure against inequalities in vaccine access, is looking increasingly faulty. But one suggested mechanism to assist in achieving vaccine equity lies in the field of intellectual property rights.
If you’re mad about some white people controlling the use of the Aboriginal flag, there are some things you should know. This is not a clear-cut case of white people trying to exploit Aboriginal culture or intellectual property for multiple reasons.
As musician James Blake pointed out regarding Jameela Jamil's contributions to his most recent album, the muse is an objectified woman who is seen to have no direct impact on the creation of the work itself and no creative life of her own, but is merely the source of the male artist's inspiration and a vehicle to project his own desires onto.
One of the ironies of the intensifying tariff war between America and China is that that neither of the two giants seems to have a viable economic model. Both countries' systems are based on dodgy financial engineering and printing money, or just inventing new types of money out of thin air.
Trump's destruction of the architecture of international trade agreements and reversion to protectionism will expose the complexity of globalisation, but is unlikely to have the effect he is aiming at, which is to bring investment capital, and jobs, back to his country.
The recent furore about Donald Trump's imposing of tariffs on steel, from which Australian companies have been exempted, raises an interesting question about the economics discipline. Which is better, an oxymoron or a tautology?
'We need to recommit to work for all those who are able and willing. We need to recommit to social assistance for all those who are not able. We need to ensure that a life of frugal dignity is within the grasp of all citizens.' 2017 Rerum Novarum Oration by Fr Frank Brennan SJ
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