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Nobel Laureate Professor Joseph Stiglitz says Australia should make sure its international “brand name” is for its high-quality services. EPA/Arne Dedert

Audio Q&A: Professor Joseph Stiglitz on inequality, rent-seeking and Australia’s ‘brand name’

Nobel Laureate and renowned economist Professor Joseph Stiglitz has been packing out lecture theatres in Australia in the past week. During his whirlwind tour, he’s talked about why inequality matters…
People are notoriously bad at filtering choices - being faced with too many leads us to choose poorly. Image sourced from www.shutterstock.com

AUDIO Q&A: Neuroeconomics and the answer to the ‘curse of choice’

We are faced with a myriad of choice in our lives - but an emerging body of work suggests the more choice we’re faced with, the more likely we’ll make a poor decision. The conundrum is called the “curse…
Neuroeconomics is a burgeoning field aimed at helping us understand decision-making. Image sourced from www.shutterstock.com

Explainer: neuroeconomics, where science and economics meet

Whether choosing a dinner, a car, a spouse or an investment, experts now know what part of the brain our likes and dislikes are encoded, how we represent alternatives, and even how we choose. This has…
Shadow Minister for Families & Payments, Jenny Macklin, says the HILDA survey contradicts Joe Hockey’s claims that Australia’s welfare spending is out of control. Alan Porritt/AAP

AUDIO Q&A: politics takes over as survey reveals welfare, work trends

The latest instalment of the long running Housing, Income and Labour Dynamics Survey from the Melbourne Institute of Applied Economic and Social Research was released today, with many commentators using…

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