Welcome to Eureka Street

back to site

Section: Economics

There are more than 200 results, only the first 200 are displayed here.

  • ECONOMICS

    The trouble with a shrinking population

    • David James
    • 11 December 2024

    BlackRock CEO Larry Fink predicts AI and shrinking populations will bring higher living standards without growth. But his optimism overlooks a critical flaw: conflating productivity, efficiency, and the true cost of 'growth.' With economic foundations shifting, the future demands a radical rethinking of capitalism’s purpose and the systems driving it.

    READ MORE
  • ECONOMICS

    Has the developed world run out of ideas?

    • David James
    • 14 October 2024

    Advanced industrial societies are running out of ideas, masking stagnation with financial trickery, which is now faltering. In contrast, developing nations can clearly advance through industrial phases, especially by building infrastructure. For them, the path to improving lives is clear; for developed nations, it remains uncertain.

    READ MORE
  • ECONOMICS

    Australia’s property boom is splitting society in half

    • David James
    • 10 September 2024
    2 Comments

    As continued high interest rates and stagnant incomes put a strain on households, leading more Australians give up on the dream of home ownership, government attempts to manage both the cost of living crisis and the housing crisis may be doing too little too late. 

    READ MORE
  • ECONOMICS

    The best way to tax?

    • David James
    • 23 August 2024
    1 Comment

    The term 'reform' carries an ambiguous weight. It can signify progress but just as often masks harmful change. Paul Tilley’s Mixed Fortunes explores the messy evolution of Australia's tax system, revealing how reforms, far from delivering clarity or fairness, reflect deeper ideological struggles over power and economy.

    READ MORE
  • ECONOMICS

    Surge in protectionism creates new era of global trade

    • David James
    • 06 August 2024
    1 Comment

    In a world increasingly divided by geopolitical tensions, a new wave of protectionism is reshaping global trade. As nations turn inward, once-dominant economic models are being dismantled and new strategies are emerging. Is Australia prepared?

    READ MORE
  • ECONOMICS

    Waiting on the cash flow oracle

    • David James
    • 05 June 2024

    Early every month Australians with big mortgages anxiously wait to find out if the Reserve Bank will raise interest rates and put more pressure on their domestic budgets. It is a bit like waiting for pronouncements from the modern day equivalent of the Delphic oracle.

    READ MORE
  • ECONOMICS

    War is bad economics but very good business

    • David James
    • 09 May 2024
    1 Comment

    There is money to be made in war, especially from making weapons, and what we are witnessing at the moment in Ukraine and the Middle East is simply the latest episode in a story that goes back centuries.

    READ MORE
  • ECONOMICS

    The biggest untold story in the history of money

    • David James
    • 03 May 2024
    1 Comment

    It is a truism to say that the way money is constructed defines the power structure under which we live. But allowing private actors to manipulate and game the financial system has not just given them extraordinary power, it has undermined the way money itself is understood.

    READ MORE
  • ECONOMICS

    Where does nuclear fit in Australia's zero-carbon future?

    • David James
    • 04 April 2024
    2 Comments

    Big changes are occurring in the financial sector that suggest the climate change agenda is starting to lose crucial support with the world’s largest fund managers. As support for ESG goals wane, the conversation is shifting to nuclear energy. But does it make any financial sense? 

    READ MORE
  • ECONOMICS

    Review: The Shortest History of Economics

    • David James
    • 22 March 2024

    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.

    READ MORE
  • ECONOMICS

    The economy is in worse shape than you think

    • David James
    • 07 March 2024
    4 Comments

    The aggregate picture of the economy may seem healthy enough after two years of heavy immigration, over 800,000, and the return of students and tourists. But the elephant in the room remains. Australia is a two-tiered society sharply divided between people who own homes and people who do not. The generational divide is worsening.

    READ MORE
  • ECONOMICS

    Are we in a post-industrial society?

    • David James
    • 20 February 2024
    3 Comments

    What does it mean when ideas of scarcity – supposedly the driving principle in understanding supply and demand – are no longer the only or best way to think about economic activity? What is needed to understand the post-industrial environment is a new way of thinking about economics and finance. 

    READ MORE
Join the conversation. Sign up for our free weekly newsletter  Subscribe