Artikel-artikel mengenai Economic theories

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The authors of the book The Making of Finance highlight the intellectual capture of the financial worlds. Bart Sadowski/Shutterstock

Mobilising the social sciences to rethink finance

Nothing has changed since the 2008 financial crisis. Orthodox theory continues to structure the entire financial industry, yet there is an urgent need to study the social and political nature of markets.
Aggregate demand is being hit by the concentration of income growth among the top earners and is now a drag on economic growth. Shutterstock

How rising inequality is stalling economies by crippling demand

News that Australian CEO pay has soared to a 17-year high at a time when ordinary workers' wages are flatlining is ultimately bad news for economic growth and prosperity.
The treasurer referred to the A$13 billion “zombie” measures the Senate has failed to pass as a “Senate tax”, in justifying the tax increases in this budget. Lukas Coch

Budget 2017: bank populism will be paid for by Australians

The budget was extraordinary in many ways. It is an abandonment of restraint on taxes by a liberal government. It is nakedly populist and it also acknowledges that government debt can be productive.
It is an attractive proposition to say we would gain significant efficiencies if there were a limited number of major providers of government-funded human services. shutterstock

There are more useful questions to ask than whether Australia has ‘too many’ charities

If we continue to base our views of the charity sector on incorrect assumptions and perceptions we run the risk of doing considerable damage to a national asset.
A male bonobo who likely holds some irrational biases when it comes to economic decision-making. Christopher Krupenye

Apes make irrational economic decisions – that includes you

Just the other day I found myself in the waiting room of an automotive dealership. While my car was being serviced, I flipped through a product brochure. One ad for an oil change boasted that it would…
When faced with an economic policy agenda, the public must be persuaded on two fronts: that it is justified both by evidence and morally. AAP/Paul Miller

The government can sell the budget if it gets its story straight

It is now more than three months since the Abbott government released its first budget. Amid the subsequent wrangling over controversial measures such as the A$7 GP co-payment and re-indexing the fuel…
A new benchmark to measure the economic response to climate change. Mario Sánchez Prada

Bringing the long game into climate change economics

The UK government’s senior adviser on science has made an entirely sensible call for researchers and policy makers to move the climate change debate towards workable strategies and solutions. The trouble…

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