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Keywords: Great Recession

  • 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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  • AUSTRALIA

    Let them pick fruit

    • Vivienne Cowburn
    • 13 October 2020
    19 Comments

    An idea that’s gaining traction, in a pandemic where international travel has stopped and many Australians are losing their jobs, is this notion that the unemployed (aka: everyone on JobSeeker payments) should go out into the regions and help the farmers pick fruit.

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  • AUSTRALIA

    Support after Suicide report: 'Fighting the system as well as the illness'

    • Andrew Hamilton
    • 10 September 2020
    4 Comments

    A recent report from Jesuit Social Services’ Support after Suicide program reflects on the experience of people who have accompanied a friend or family member before, through and after their suicide. At the heart of the report is its insistence on the importance of the human face in health care.

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  • INTERNATIONAL

    Food insecurity, health privilege and COVID-19

    • Maddison Moore
    • 01 September 2020
    2 Comments

    The global impact of COVID-19 has further increased inequality in food security, with nations already facing widespread famine, malnutrition and food insecurity being hit the hardest.

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  • 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.

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  • INTERNATIONAL

    Trauma and displacement are no time for profit

    • Salina Cheung
    • 13 July 2020
    4 Comments

    There is a trend of liberals calling for the West to open its borders to fleeing Hongkongers for economic benefit. It is commendable that these individuals want the West to offer Hongkongers refuge. But to frame this philanthropy in such mercenary terms makes this goodwill suspect: these voices want to capitalise on a traumatic moment of displacement.

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  • ECONOMICS

    Women deserve a bigger role in our economic recovery

    • Nicola Heath
    • 30 June 2020
    2 Comments

    It turns out that the COVID-19 economic crisis is disproportionately affecting women — so much so that some have dubbed it a ‘pink-collar recession’. Unemployment figures show that since February, 457,517 women have lost their jobs compared to 380,737 men.

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  • AUSTRALIA

    Back to business as usual

    • Andrew Hamilton
    • 07 May 2020
    5 Comments

    For comfortable communitarians among us it is tempting to lament the loss of the solidarity displayed in the first response to coronavirus. That would be a mistake. Solidarity is not a mood to be looked back on with nostalgia, but a commitment to be built and defended.

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  • ECONOMICS

    Inside US and China's dodgy economies

    • David James
    • 07 September 2019
    6 Comments

    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.

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  • AUSTRALIA

    A common good frame for economic stimulus

    • Joe Zabar
    • 26 August 2019
    3 Comments

    While the current economic climate is cause for concern, it is not the time to panic. A more sensible alternative to austerity is for governments, business, unions and charities to look for ways we can together soften the impact of any global downturn. This will require bipartisan agreement to sacrifice some or all of the budget surplus.

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  • AUSTRALIA

    Time to stop punishing the unemployed

    • El Gibbs
    • 21 November 2018
    10 Comments

    Australia’s income support system and employment services have shifted to an ever harsher regime of compliance and penalty, while failing to find work for hundreds of thousands of people. 

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  • ECONOMICS

    Lehman Brothers and the next GFC

    • Binoy Kampmark
    • 13 September 2018
    2 Comments

    It has been a decade since the banking aristocracy Lehman Brothers filed for bankruptcy in what would be the chant of doom that became the Global Financial Crisis. Today, the legacy of Lehman Brothers and the crisis it helped precipitate supply warnings of the next shock.

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