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Keywords: Stock Market

  • ECONOMICS

    Best of 2023: Dawning multipolar world in global finance

    • David James
    • 04 January 2024

    From Moscow to Beijing, a change in global finance looms, set to challenge the long-standing economic hegemony. This imminent shift could redefine global power structures, disrupt currency markets and international trade. Amidst this uncertainty, one thing is clear: the game of geopolitical chess is no longer played on a Western-centric board.

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  • ECONOMICS

    Forgive us our debts

    • David James
    • 23 November 2023

    If money is just a set of rules, we need to ask, how can these rules best serve society and not cause crises? We know, after thousands of years of evidence, that the debt-based system of money eventually self-destructs, and this time, the effects are likely to be felt around the world. 

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  • AUSTRALIA

    Bricks n' Oughta

    • John Falzon
    • 18 July 2023
    5 Comments

    Amid Australia's unprecedented housing crisis, there's an urgent need for  increases in social housing. However, political wrangling hampers the progress of crucial legislation. With 640,000+ Australians facing housing stress, advocates stress the need for immediate action as a starting point towards comprehensive reform that treats housing as a basic human right.

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  • ECONOMICS

    Dawn of the multipolar world: A new order in global finance?

    • David James
    • 13 June 2023
    1 Comment

    From Moscow to Beijing, a change in global finance looms, set to challenge the long-standing economic hegemony. This imminent shift could redefine global power structures, disrupt currency markets and international trade. Amidst this uncertainty, one thing is clear: the game of geopolitical chess is no longer played on a Western-centric board.

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  • AUSTRALIA

    Take this: A story of pharmacy

    • Michael McGirr
    • 14 April 2023
    5 Comments

    What are the implications of widespread use of Metformin, Pembrolizumab, or Nivolumab, and what do they say about us? Featuring a humourless pharmacist and a thick wad of prescriptions, the story of our complicated relationship with pharmaceuticals is a meandering map of the human condition.

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  • AUSTRALIA

    The Australian housing crisis: A Roundtable

    • David Halliday, Peter Mares, John Falzon, Nicola Nemaric, Rae Dufty-Jones
    • 18 November 2022
    1 Comment

    Despite rising interest rates and the recent dip in property values, Australia’s housing situation places it among the least affordable property market in the world. With a rise in homelessness and younger Australians locked out of an inflated housing market, what is the way forward for Australia? 

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  • ECONOMICS

    In finance, story matters most

    • David James
    • 16 November 2022
    1 Comment

    Financial markets are made up of human beings and human beings have always been storytellers — long before science, or modern finance, or accounting even existed. Accordingly, the main skill of successful analysts, advisers, financial gurus and commentators is the construction of compelling narratives. They are, if not exactly creators of fairy stories, not too far removed from it. 

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  • ECONOMICS

    Managestocracy

    • David James
    • 28 October 2022

    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. 

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  • ECONOMICS

    Why we need new rules for money

    • David James
    • 23 August 2022
    4 Comments

    Now that it is becoming hard to avoid just how much trouble the global financial system is in, it is interesting to speculate about what should be done about it. The first thing to understand about the global financial system is that the assumptions that were used to shape it are demonstrably false.

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  • AUSTRALIA

    Home sweet home turns sour

    • Andrew Hamilton
    • 04 August 2022
    8 Comments

    It is easy to view homelessness from a distance as only a failure of economic policy and of the political responsibility to deliver material goods. A home, however, is more than a house. It connotes connections that are central to humanity. Left without a home people are deprived of more than bricks and mortar; they are diminished in their humanity.

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  • ECONOMICS

    Can financial fictions survive reality?

    • David James
    • 31 May 2022
    2 Comments

    As commodity prices and inflation soar in the ‘real’ world we may be witnessing a prelude to another 2008-style crisis triggered by the foreign exchange markets. The risks certainly look similar and can be described with a simple question. Can the fictions produced by out-of-control financial actors survive reality? 

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  • ECONOMICS

    Out-of-control house prices requires a different approach

    • David James
    • 11 May 2022
    4 Comments

    In purely economic terms, the upcoming Federal election is extremely unusual. The shut down of the Australian economy for almost two years because of health measures really has no precedent in our history. Only war can produce that type of shock. The Federal government’s financial response was as extreme as the state of emergency measures, including a sharp increase in Australian government debt. It remains to be seen, however, if the government gets much credit for injecting so much free money into the economy. It is unlikely.

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