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Articles on Economics

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If people want commodities like: love, company, doing tasks together, they are better off if marriage is permitted. David Crosling/AAP

What economics has to say about same-sex marriage

It’s better for the economy for more people to be married because of productivity and efficiency gains. This whole framework doesn’t require people to be of the same or different sex.
A woman in Seoul, South Korea, talks over her phone as computer screens show the Korea Stock Exchange collapsing during the financial crisis of 2008. Jung Yeon-Je/AFP

‘Indicator frenzy’ : the ‘economicist’ tendency of public policy and alternative indicators

The craze for measurement has become a hallmark of local and national public policy. Exploring the limits of quantification allows us to understand the advantages of developing alternative indicators.
Business leaders in ASX categories relying on household spending, have stronger than average positive outlook on the future. Dan Peled/AAP

Face Value: business leaders are betting we will spend more

The sentiment of business leaders has remained positive and improved over the past 12 months according to our analysis.
Costs of transportation and accessibility are just two factors that increase cost of living for persons with disabilities. Corepics VOF/shutterstock.com

The hidden extra costs of living with a disability

Depending on where you live, having a disability can cost thousands of additional dollars per year. Government programs often don’t account for that.
Inflation has been doggedly low, so it’s not clear that the 2.5% expectation for inflation is going to turn out to be right. Dan Peled/AAP

Vital Signs: the RBA’s still longing for Goldilocks growth

This week’s strong growth in full-time employment shows a robust labour market. This only deepens the puzzle of why inflation is so low at the same time.
Stable food prices are a central issue for South Africa’s Reserve Bank. But should it be doing more to protect the poor? Reuters/Siphiwe Sibeko

South Africa needs a sensible debate about its Reserve Bank. Here’s a start

There’s a raging debate in South Africa about the role of its central bank. This is inevitable given that so much is changing in the world of central banking and in economic life.

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