Economic surplus

Economic surplus

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Lessons from the Apple e-book case

The Court of Appeals in the US has ratified Apple’s guilt in the e-book case. It was a two-to-one decision by the three judges on the Court. And it provides two lessons for Australia. First, when industries…

We know what to do, but how do we do it?

The problem with economic reform is not ‘what to do’ but ‘how to do it’. This is highlighted by the recent Competition Policy Review. Ian Harper and the Review team highlighted a range of useful reforms…

Free-to-air television needs reform

Free-to-Air (FTA) television is in trouble. But the reasons are not as simple as you might think. The trouble is clear. Ten Network Holdings share price has tanked from around $1.50 in late 2010 to about…

A caring, sharing economy?

The Federal Opposition has released a discussion paper on the sharing economy. It covers a range of issues: protection of workers, consumer protection, equity and accessibility, taxation and state/federal…