Articles on Economics

Displaying 401 - 420 of 426 articles

Solar photovoltaic and onshore wind could be the cheapest sources of electricity by 2030. SustainableDevelopment

Australian energy cost estimates: experts respond

Renewable energy sources such such as solar photovoltaic and onshore wind could generate the lowest electricity costs in…
Campbell Newman’s linking of Queensland’s dire financial situation with that of Spain saw quite a backlash, but is there an underlying element of truth? AAP

Perfect one day, bankrupt the next? Queensland’s missing fortune

Comments by Campbell Newman that Queensland was on the way to bankruptcy are, unfortunately, true. His comment that “Queensland does not have the money…” is globally true - but clearly specifically arguable…
Former politician and economist John Hewson speaks to ANU’s Crawford School’s Bruce Chapman and Daniel Connell.

John Hewson: tax reform doesn’t just mean lowering taxes

Welcome to the latest in our In Conversation series, between former politician and economist Dr John Hewson, Australian National University (ANU) Crawford School Director of Policy Impact Professor Bruce…
Liam Lenten explains why the government spends your money on sport.

Why do governments fund sports? (VIDEO)

Welcome to Some Sports Economics, a six-part video series explaining economic concepts through sport, by La Trobe University senior lecturer, Liam Lenten. In the sixth and final part of this series, Liam…
Welcome to Part four of Liam Lenten’s Some Sports Economics.

The economics of comparative advantage and Usain Bolt (VIDEO)

Welcome to Some Sports Economics, a six-part video series explaining economic concepts through sport, by La Trobe University senior lecturer, Liam Lenten. In the fourth part of this series, Liam explains…
Liam Lenten presents Some Sports Economics, a six-part video which uses sporting analogies to explain common economic concepts. YouTube

When scoring an own-goal is the only way to win (VIDEO)

Welcome to Some Sports Economics, a six-part video series explaining economic concepts through sport, by La Trobe University senior lecturer, Liam Lenten. Liam says: “I am motivated to better explain basic…
International organisation 350.org encourages the building of grass-roots movements to combat climate change. 350.org

Building the new economy: alternative strategies for the 99%

Bob Massie, CEO of the New Economics Institute opened the recent Strategies for a New Economy conference, held at Bard College, New York with a thoughtful response to the criticism that the Occupy movement…
Robert F Kennedy thought it a mistake to equate success with what we produce. RFK Wharehouse

There’s more to good policy than increasing GDP

Economists are regularly criticised for worrying about gross domestic product (GDP) and similar measures. The classic statement of the case was by Robert F Kennedy: “Too much and too long, we seem to have…
Elinor Ostrom, the only woman to have won a Nobel prize for economics, was most famous for challenging the idea of the “tragedy of the commons”: that in the absence of government intervention, people will overuse shared resources. acschweigert

The grand philosopher of the Commons: in memory of Elinor Ostrom

The grand philosopher of the Commons, Elinor Ostrom, passed away on the 12th June 2012. She was a brilliant, creative polymath; a theoretician of fine precision and great intellectual power; a deviser…
If Australia had been founded according to the Eurozone model, our current economic situation would look very different. adam79

Australia and the Eurozone: a counterfactual account of economic history

Suppose that in 1901 Australia’s founding fathers had designed the Commonwealth differently. The states were to retain all powers to tax and had to finance themselves (including health, education and social…
With natural gas - like other commodities - it can be necessary for prices to rise in anticipation of increasing demand. Flickr/jasonwoodhead23

Natural gas: expect price to rise as market expands

Many are concerned with the price of natural gas. Natural gas is an important part of Australia’s overall energy mix; it represents roughly a quarter of all primary energy sources consumed. And, as we…
UN Secretary-General Ban Ki-moon, Bhutanese Prime Minister Jigmi Thinley, Costa Rican President Laura Chinchilla and administrator of the UN Development Program, Helen Clark at last week’s UN meeting on wellbeing and happiness. Casa Presidencial República de Costa Rica

Wellbeing, happiness and sustainability: hallmarks of a new economic paradigm

What do the following people have in common? Nobel laureate economist Joseph Stiglitz, former Australian deputy prime minister Tim Fischer, UN Secretary-General Ban Ki-moon, HRH Prince Charles, OECD chief…
In times of financial collapses, banks and governments are painted as the villains. But what about economists? ~ dgies

Time to stop rewarding economists for bad behaviour

Since the beginning of the global financial crises in 2007, there have occurred numerous economic and financial crises around the globe, plunging often prosperous nations into hardship and even near bankruptcy…
What would Marx (left) and Engels say about capitalism’s current predicament? Marcio Cabral de Moura

Marxism versus the mainstream: rethinking the economic crisis

The current economic crisis has renewed interest in alternative economic ideas. Most conspicuously, Keynesianism has returned from the margins. Unfortunately, particularly in Europe, policymakers quickly…
A life without money isn’t pie in the sky any more. truthout.org

Occupy a money-free world? Now that’s a capital idea

When New York’s Mayor Michael Bloomberg ordered police to clear Zuccotti Park of Occupy protestors on 15 November last year he called on the protesters to “occupy the space with the power of their arguments…
Despite President Barack Obama’s charms, Australia must focus on China. AAP Image/ Scott Barbour

The US or China? Australia can’t afford to make mistakes

Australia’s recent fleeting love affair with President Barack Obama notwithstanding, Australia’s future lies with China and the North, not the Pacific and the East. This is not simply a matter of economics…
Nobel Prize in Economics winners Christopher Sims and Thomas Sargent: in the neoclassic mold. AAP

Why does neoclassical thinking still dominate economics?

The Sveriges Riksbank’s Prize in Economic Sciences - or the Nobel prize in economics - awarded last week to Thomas Sargent and Christopher Sims- implicitly claims that economics is a science. But how accurate…

Top contributors

More