Articles on Economics

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Economists and Wall Street workers fear a recession is underway. Reuters/Brendan McDermid

Could a recession be just around the corner?

Financial markets are increasingly worried the US economy is heading for a crash. An economist explains what's got investors spooked.
At least in the movies, Superman is getting less productive. We are scarcely any more productive than we were two years ago, and it is weighing on wages. Shutterstock

Unlocking Australia’s productivity paradox. Why things aren’t that super

In the midst of the information technology revolution, Australia's productivity growth has been slowing. It ought to have been the other way around.
Ministers Lim Hng Kiang, David Parker, J. Jayasiri, François-Philippe Champagne, Steven Ciobo, Heraldo Muñoz Valenzuela, Dato Pehin, Toshimitsu Motegi, Ildefonso Guajardo, Eduardo Ferreyros and Tran Tuan Anh at the signing of TPP-11 in Santiago, Chile, March 8 2018. Mario Ruiz/EPA

The Senate is set to approve it, but what exactly is the Trans Pacific Partnership?

Labor says it will wave through the 11-nation Trans Pacific Partnership deal, then amend it in government. That won't be easy.
The trade deficit, and how much a country exports or imports, is only part of the story. AP Photo/Reed Saxon

Why trade deficits aren’t so bad

Americans seem to believe trade deficits are a bad thing, partly because of arguments suggesting they mean the US is 'losing.' An economist explains why that's rubbish.

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