ECONOMICS

Section: ECONOMICS

If there are more than 100 matches, only the first 100 are displayed here.

  • ECONOMICS

    Australia's pension fund perversion

    • David James
    • 02 October 2012
    7 Comments

    The demise of Gunns, Tasmania's biggest paper and pulp mill, has been greeted as a triumph of environmentalists over business. The saga encompasses much more than that. It poses some deep questions about ownership and accountability in Australia's financial system which are yet to be answered persuasively.

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  • ECONOMICS

    The upside down world of global capital

    • David James
    • 26 August 2012
    5 Comments

    Money is not like water, that 'flows' around the world, reaching 'equilibrium', or experiencing 'volatility'. It is transactions between people, based on trust. It enables the cooperation that forms the basis of social life. Human beings should be at the centre. Yet that is the opposite of what is happening.

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  • ECONOMICS

    Economics as if people mattered

    • Chris Middleton
    • 07 November 2011
    8 Comments

    Whatever the merits of Occupy Wall Street, it is far too early to speak of any substantial challenge to the dominance of capitalism. Yet there is a real taste for exploring alternatives. The most influential of faith-based approaches to economic theory is that of distributism.

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  • ECONOMICS

    Social inclusion in ailing Ireland

    • Gerry O'Hanlon
    • 02 December 2010
    7 Comments

    A hopeful sign has been the emergence of commentators, mainly secular, advocating the transformation of the economy to a model based on values like the common good, solidarity, environmental concern, equality, active and inclusive citizenship.

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  • ECONOMICS

    Brake failure on the economic freeway

    • Neil Ormerod
    • 26 October 2009

    Even if we understand the intelligiblity of an automobile, we can still drive badly. With the GFC, the argument is not that better theories will ensure everyone behaves properly, but that without a proper economic theory even people of good will cannot work to achieve the good.

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  • ECONOMICS

    Why ignorance, not greed, caused the GFC

    • Neil Ormerod
    • 20 October 2009
    2 Comments

    Sixty years ago, Jesuit Bernard Lonergan developed an analysis of the boom and bust cycles of economy. He often asked, 'Where were the Christian counter-parts of Karl Marx, sitting in the British Museum voraciously reading and relentlessly studying about political economy?'

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  • ECONOMICS

    Mum and dad investors cop economic tough love

    • Catherina Toh
    • 03 August 2009
    8 Comments

    An ethos of tough love balks at taxpayer subsidies for anyone foolish or unlucky enough to make the wrong investment decision. In Australia we prefer to see people as victims and expect the government to clean up the mess.

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  • ECONOMICS

    Toxic economies in history

    • Thomas Sullivan
    • 29 May 2009
    8 Comments

    In the 16th century, following its conquest of Latin America, Spain drained the area of its gold and silver. One might suspect that this windfall turned Spain into an economic powerhouse. But some funny things happened when the easy money arrived.

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  • ECONOMICS

    Broadband deal better late than never

    • John Wicks
    • 08 April 2009
    6 Comments

    Australia has spent the past decade in a consumer frenzy, while social infrastructure vital to our wellbeing has been neglected. The Government's belated $40 billion National Broadband Network will have many long-term benefits.

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  • ECONOMICS

    The crash of the can market

    • Julian Butler
    • 18 February 2009
    6 Comments

    Some of the soup van's clients collect cans to sell to a scrap dealer. The work supplements their welfare income and provides a sense of fulfillment. Since the global market crash business has been slow: 'China doesn't want aluminium now.'

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  • ECONOMICS

    The chuckling economist

    • Brownyn Lay
    • 05 January 2009
    3 Comments

    On the day the markets bled we rushed to hear Stiglitz's diagnosis. The Nobel Laureate used to be Chief Economist of the World Bank, ending his term in fisty cuffs with the IMF and the US over their financial bullying of developing nations. Stiglitz had schadenfreude written all over his face. (October 2008)

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  • ECONOMICS

    A frugal Christmas story

    • Margaret Rice
    • 16 December 2008
    3 Comments

    This time of year is marked by a fraught pre-Christmas anxiety, exacerbated this year by the economic crisis. My daughter Rachel lost her part-time job last week. Her loss is slight compared to her employer's, a young mother who works in the finance industry.

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