South African opposition politician Julius Malema has blamed economic policies put in place during Nelson Mandela’s era for the country’s high levels of inequality. He may have a point.
Knowledge and ideas and their application are the key to creating the conditions for the level of innovation Australia needs to build its comparative advantage.
Charis Palmer, The Conversation; Emil Jeyaratnam, The Conversation, and Diana Hodgetts, The Conversation
The Commission of Audit set the high water mark for reform designed to protect Australia against an economic downturn. One year on, little of it has made it into policy.
As the haze lifts (in the short term at least) on Canberra’s leadership ructions, we can see the extent of the car wreck that is Australia’s economic reform agenda. “Political uncertainty hits business…
“Men make history,” Karl Marx wrote in 1859 in his Critique of Political Economy, “but not always in circumstances of their own choosing”. Whitlam himself would have chosen a different year to be his time…
In November 1990, then treasurer Paul Keating announced that Australia was in recession – and that it was “the recession we had to have”. Today, there are growing calls for serious, structural economic…