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Keywords: Economist

  • INTERNATIONAL

    When history becomes myth and memory is lost

    • Warwick McFadyen
    • 16 January 2024
    4 Comments

    In a recent survey of young Americans, 20 per cent of respondents, aged from 18 to 29, thought that the Holocaust was a myth. If knowledge of history fades into the mist, the space will be filled with ignorance, and worse, wilful malice. 

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  • RELIGION

    The Pope's economist: Mariana Mazzucato's plan to revitalize the global economy

    • Bruce Duncan
    • 01 June 2023
    2 Comments

    Prominent figures such as Australia's Treasurer Jim Chalmers and Pope Francis are turning to economist Mariana Mazzucato for insights on reforming the neoliberal capitalist system. Her vision for an equitable and sustainable global economy, aligned with the UN Sustainable Development Goals, is influencing key discussions on economic fairness worldwide.

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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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  • INTERNATIONAL

    Ukraine requires inclusive humanitarian response

    • David Treanor
    • 28 March 2022
    5 Comments

    As this conflict unfolds, many governments commit necessary life-saving support for vulnerable people. However, these measures may not reach all citizens and groups, at least equitably. These include frail aged persons, children traveling without parents and those who live an intellectual and developmental disability (IDD).

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  • ECONOMICS

    Why Australia’s rural sector is ripe for financial reform

    • David James
    • 06 December 2021
    4 Comments

    If Australia does draw back from globalisation — as opposed to trade, which will continue — then there should be more focus on our primary sector and how it could be better financed. Australia’s long history as a primary producer constitutes what economists call a ‘comparative advantage’: an economic area in which a country does best while giving up the least.

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  • MEDIA

    There is no such thing as capitalism

    • David James
    • 27 October 2017
    14 Comments

    In literary studies, one of the most important requirements is the need to define one's terms accurately. It has always come as a shock to me that economics is almost completely devoid of such precision. Much of the terminology of the 'discipline' of economics is either nonsense, or thinly disguised tautologies.

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  • ECONOMICS

    Hollowed out labour market stymies equal opportunity

    • Veronica Sheen
    • 13 December 2016
    5 Comments

    Over the last two decades we have seen a process of job polarisation. There has been growth in high end jobs, but mostly in low end jobs, the outcome of which has been the hollowing out of middle level jobs. This hollowing out of the middle also relates to greater wealth polarisation, as French economist Thomas Piketty has brought to light. The labour market is under a lot of pressure from many angles, so what does this mean for the project of women's equal opportunity in employment?

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  • AUSTRALIA

    Joe Hockey's 'better bang' foreign aid cut delusion

    • Michael Mullins
    • 18 May 2015
    38 Comments

    As a nation, we have demonstrated to the world that we have no shame when it comes to the treatment of asylum seekers. Now it's as if the aid cuts are being worn as a badge of honour. Joe Hockey talks about the 'targeted outcomes' philosophy of the cuts, 'build[iing] the prosperity and assist[ing] with poverty alleviation in our region', in order to get 'better bang for our buck in foreign aid'. But leading aid economist Stephen Howse argues the opposite.

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  • AUSTRALIA

    Hope I die before I get (really) old

    • Brigitte Dwyer
    • 17 April 2015
    13 Comments

    Economists and politicians see productivity as our only hope for the future. We continually assess the productivity of people we meet, with the default question 'What do you do?' The worth of a person can be tied to their productivity, particularly that of older people. Those who advocate legal euthanasia can find it hard to accept that an unproductive life might be worth living.

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  • ECONOMICS

    Commbank plunder part of new world economic order

    • David James
    • 07 July 2014
    7 Comments

    As the Pope and economist Thomas Pikkety have observed in recent times, the inequity created by capitalism is a growing concern. But the problem with this argument is that 'capitalism' is too broad a term. The attack would be far better directed against the financialisation of developed economies. A new type of sovereign has emerged, and like all rulers they are cheerfully engaging in acts of plunder.

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  • AUSTRALIA

    Budget more slow-burn than big bang

    • Jackie Brady
    • 14 May 2014
    3 Comments

    The Budget does not signal an end to the 'age of entitlement', as there are still plenty of beneficiaries of government expenditure or foregone revenue. You don't need to be an economist to see that collectively the Budget measures will impact negatively on the income levels of the poor and disadvantaged. The discussion now must be who will pick up the pieces left behind by Government in developing a system with obvious gaps.

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  • ECONOMICS

    Whose liberty matters as Dickensian budget looms?

    • Fatima Measham
    • 07 May 2014
    16 Comments

    French economist Thomas Piketty argues that current conditions have set us on track for a return to 19th century-levels of inequality. The Commission of Audit proposals suggest that the auditors and the Government are keen to expedite this neo-Dickensian era. It's all done in the name of 'incentives' toward 'personal responsibility', but this cannot remain coherent in the face of those who will be hit hard by the proposed suite of cuts and co-payments.

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