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Section: Economics

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

  • 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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  • ECONOMICS

    What happened to the great reset?

    • David James
    • 10 October 2023
    1 Comment

    As Western economies grapple with soaring inflation rates, the once steady financial landscape is shifting, revealing looming challenges beneath mounting global debt. Amid 'Great Reset' calls, many face an uncertain future where the true cost of living is set to be redefined.

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  • ECONOMICS

    Our greatest threat isn't climate change or AI. It's Moloch

    • Daniel Simons
    • 14 September 2023

    In a world increasingly governed by algorithms and AI, the ancient deity Moloch emerges as a haunting metaphor for our tech-driven sacrifices. Drawing parallels from historic rituals to present-day digital dynamics, ancient fears offer insight into today's most pressing existential challenges. 

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  • ECONOMICS

    Taking care of business

    • David James
    • 06 July 2023
    2 Comments

    Why does society often overlook the passion, creativity, and dedication that underpin smaller businesses? As the public's perception leans towards the unfavourable side, is there a need to shift our focus and truly acknowledge the value and contributions these businesses make in our daily lives?

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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.

    READ MORE
  • ECONOMICS

    When transactions mask reality

    • David James
    • 01 May 2023

    As the economy becomes more focused on monetary exchange, we overlook underlying realities that are hidden from plain sight. Largely invisible aspects of our economic life such as transactionalisation and industrial efficiency are transforming our society and can shape our future in unexpected ways. So what does this mean for the future of capitalism and our society?

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  • ECONOMICS

    The debt crisis we all saw coming

    • David James
    • 03 April 2023

    As the collapse of Silicon Valley Bank, Signature Bank, and Credit Suisse poses a renewed threat to the global financial system, the question arises: how can we manage out-of-control debt? With global debt exceeding 230 per cent of GDP, could nationalising banks be the solution to the ongoing crisis, or will the debt merry-go-round continue to spin out of control?

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  • ECONOMICS

    Ballooning risks of finance fictions

    • David James
    • 14 March 2023

    Was Russia's removal from the SWIFT system the moment when the global financial system detached itself from reality? The financial system is at risk from unpayable debt and the delusion that money can be created out of money itself, and wider trust underpinning finance is steadily evaporating.

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  • ECONOMICS

    Daring to intrude in the dismal science

    • Andrew Hamilton
    • 02 March 2023
    3 Comments

    As politicians and economists search for a simple solution to inflation, high debt, and rising interest rates, Australia's inequality has become a defining feature of its economy. As the fear of unintended consequences and the power of vested interests loom large, incremental reform may be the only way to reduce inequality and serve the common good.

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  • ECONOMICS

    The future of work is transhuman

    • David James
    • 16 February 2023
    4 Comments

    AI and transhumanism will continue to transform economic life on the planet. Rather than trying to stop it, which will fail, the counterattack should instead be to repeatedly insist on the obvious: that the ‘I’ in AI is not human intelligence, and that the ‘humanism’ in transhumanism is not human.

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  • ECONOMICS

    Best of 2022: The rise of the machines

    • David James
    • 12 January 2023

    There is a great deal of commentary about the growing importance of artificial intelligence, or AI, especially in business circles. To some extent this is a self-fulfilling prophecy — if people think something will have a seminal effect then it probably will. But if the supposed commercial benefits are significant, the dangers are potentially enormous.

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