Keywords: Economists

  • ECONOMICS

    A strange financial circus

    • David James
    • 12 October 2021
    3 Comments

    Over the last two years, money printing has created the illusion of strength in savings. But when reality resurfaces, and actual returns are required from actual economic and business activity, the global financial system will come under extreme stress. 

    READ MORE
  • 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.

    READ MORE
  • 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.

    READ MORE
  • AUSTRALIA

    Dreyfus redivivus

    • Andrew Hamilton
    • 04 March 2021
    18 Comments

    Any government decision can cause hurt to some groups in society. There is a difference, however, between decisions that are only painful and those that are vindictive. The former may be regretted, but vindictiveness implies a satisfaction in causing pain that does not arise out of need. The reason for it must be sought in the minds and hearts and culture of those who devise the policies.

    READ MORE
  • 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.

    READ MORE
  • 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.

    READ MORE
  • ARTS AND CULTURE

    Politics and morality

    • Gillian Bouras
    • 27 October 2020
    20 Comments

    The leaders of these nations, as well as acting amorally, have also apparently thrown the ideal of common civility to the winds. What are we to make of heads of government who hurl insults and are economical with the truth, use the gag continually, and turn their backs when those in opposition are speaking?

    READ MORE
  • AUSTRALIA

    Putting a value on a human life

    • Andrew Hamilton
    • 01 October 2020
    7 Comments

    The response to COVID has invited reflection about the relative value of one human death (and so of one human life) as compared with another. This is a radical question because it makes us ask whether the value of a human life is defined by economic wellbeing and by potential contribution to the economy, or by deeper qualities.

    READ MORE
  • ECONOMICS

    The great economic rethink?

    • David James
    • 20 August 2020
    6 Comments

    There will be Great Reset in finance and economics. It is inevitable because the shock has been so great. The first problem is what to do with global debt, which was already at unsustainable levels before the virus hit: over 320 per cent of global GDP. The only way to prevent system-wide failure has been to lower interest rates to near zero levels.

    READ MORE
  • ARTS AND CULTURE

    The art of storytelling

    • Julie Perrin
    • 18 August 2020
    31 Comments

    The capacity to story our experience is a powerful tool for reflection and understanding. As adults we learn that no story is pure and we are capable of telling ourselves spin, but the shaping of experience into story is the bread and butter of our lives. Narrative, it has been said, is a primary act of mind.

    READ MORE
  • ECONOMICS

    Towards full employment

    • Bree Alexander
    • 09 July 2020
    3 Comments

    What then, does the case for full employment look like? This is not just an economic question, but too of having access to a decent wage that allows all people to live a decent life.

    READ MORE
  • ARTS AND CULTURE

    Everything that ends

    • David Adès
    • 23 June 2020
    2 Comments

    Moment by moment the numbers are rising, tables of the infected and the dead on websites updated every five minutes, the relentless clicking over of lives, like so many fallen leaves in this country.

    READ MORE

x

Subscribe for more stories like this.

Free sign-up