Articles on Economics

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This year the Chinese Communist Party will tackle some of it’s biggest economic hurdles. AAP

What we can expect from China’s economy in 2018

The Chinese government will use its consolidated power to try to reign in some of the biggest problems facing its economy in 2018.
Re-examining a survey of international studies on the price of beer, any tax increase will be only half as effective as planned in reducing consumption. Andy Rain/AAP

Politicians are inflating the evidence used to justify tax increases

A new survey shows economic studies frequently report effects to be much larger than they actually are, leading to inflated claims about policy effectiveness and public benefit.
Give a man the means to borrow, so the argument goes, and he can work himself out of poverty. But do microfinances’ claims stand up? wk1003mike/Shutterstock

Does microfinance really alleviate poverty? The 34-billion-dollar question

Small loans from governments and philanthropists are often held up as a route out of poverty. But proper research into whether they work is thin on the ground.
French President Emmanuel Macron (right) talks to European Parliament, president Antonio Tajani (left) and Luxembourg’s prime minister, Xavier Bettel (center), during the Gothenburg summit on November 17, 2017. Ludovic Marin/AFP

Gothenburg’s summit for fair jobs and growth: a new narrative for Europe?

The final report of the EU's summit in Sweden makes generous use of the adjective "fair". With populism and xenophobia are on the rise, could this be the basis of a new narrative for Europe?
Post-war Australia experienced a boom with full employment and falling inequality. State Library of Queensland

Governments haven’t always shirked responsibility for our low wages

The federal government could restore its commitment to creating full employment in Australia, using its spending power to make up for any shortfall in private jobs as it did during the post-war boom.

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