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Keywords: Economic Growth

  • EDUCATION

    Are international students really to blame for soaring rents?

    • Erica Cervini
    • 11 June 2024

    The Labor government’s plans for managing overseas student numbers seem to be heavily influenced by the belief that these students are at least partly responsible for hikes in rents, housing shortages, and pressure on infrastructure.

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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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  • ECONOMICS

    The rise of the machines

    • David James
    • 31 January 2022
    5 Comments

    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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  • ECONOMICS

    Climate change trillions

    • David James
    • 08 November 2021
    4 Comments

    The Glasgow United Nations Climate Change Conference has been advertised as an effort to focus on sustainable environmental solutions. What got much less attention, if any, is that it is probably at least as much about having a sustainable financial system. Many noted that China, did not send its leader: Xi Jinping, president of the world’s greatest CO2 emitter. There was also another significant absence: the financiers who are hoping to profit from the trillions allocated into climate change projects.

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  • ECONOMICS

    Overhauling economics to combat climate crisis

    • David James
    • 17 November 2020
    5 Comments

    There is a common error about economics that, if not corrected, has far reaching consequences. It is the widely held belief that economic growth and consumption are the same. They are not.

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  • AUSTRALIA

    Looking back to look forward

    • Dustin Halse
    • 30 July 2020
    4 Comments

    In Australia, we have long boasted of our unparalleled prosperity and strong economic growth. We have championed home ownership and the quarter acre block — after all our home is meant to be our castle. But for too many, the basic human right of having a place to call home remains out of reach.

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  • AUSTRALIA

    Sympathy for the poor or bunyip aristocracy

    • Daniel Sleiman
    • 17 October 2019
    9 Comments

    Adam Smith wrote 'no society can surely be flourishing and happy, of which the far greater part of the members are poor and miserable'. Poverty and inequality lead to non-participation in work and inhibit social mobility, which negatively affects economic growth. The concentration of economic power is bad for democracy.

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  • RELIGION

    Catholic lobby the insider outsider

    • John Warhurst
    • 17 August 2018
    8 Comments

    Political insiders are those forces that use economic clout, political connections, extensive networks and reliable access to decision-makers to influence political outcomes. Outsiders, by definition, lack these characteristics. The Catholic lobby now doubts its own strength and influence. The education sector is a good example.

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  • ECONOMICS

    Of murderers, bastards and inequality: neo-liberalism's failure

    • Andrew Hamilton
    • 16 August 2017
    18 Comments

    Cometh the hour, cometh the third murderer. So now inequality is in the spotlight and is being booed off the stage. It is blamed for the rise of populist politics, and more fundamentally for economic stagnation. The economic neo-liberal orthodoxy, that so implausibly claimed that economic competition unfettered by government regulation would benefit all of the citizens, has produced the gross inequality that hinders economic growth. 

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  • ENVIRONMENT

    Pope calls for intellectual conversion over climate

    • Andrew Hamilton
    • 02 June 2017
    10 Comments

    The strident public debate about global warming and the threat it poses has died down. Few knowledgeable people deny its reality. At the same time, powerful interest groups and politicians appeal to the need for economic growth in order to weaken any international commitment. At such a time it is worth returning to Laudato Si, Pope Francis' passionate exhortation to care for the environment. Its most significant insight is that the environment is not something outside ourselves. We are part of it.

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  • AUSTRALIA

    Western Bulldogs' example for the common good

    • Andrew Hamilton
    • 12 October 2016
    5 Comments

    The best writers on sport show that it is a metaphor for life. Perhaps that is why the triumph of the Western Bulldogs in the AFL Grand Final has been so ruthlessly milked for larger significance. But I would like to exploit it once more for the way in which it illustrates the weakness of a liberal politics that assumes that all will benefit from the economic growth that unfettered competition between individuals yields. The joy of the Western Bulldogs victory lay in its challenge to these assumptions.

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  • ENVIRONMENT

    Environmentalists' potential allies on the populist right

    • Greg Foyster
    • 03 August 2016
    6 Comments

    The neoliberal right is losing political power to the populist right, which isn't filled with the same ideological zeal for free-market capitalism. Suddenly debates can expand beyond the narrow confines of economic growth. Moral and social arguments won't be relegated to the intellectual fringes anymore. Mainstream parties of the left and right, both of which bought into the neoliberal agenda, will have to break their bipartisan dismissal of discontent with the side effects of globalisation.

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