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Analysis and Comment (11)

Clouding the issue: the latest analysis of the impact of the Renewable Energy Target contradicts previous reports. Bo-deh/Wikimedia Commons

How does the Renewable Energy Target affect your power bills?

The review of the Renewable Energy Target is due to be handed to the federal government any day now, yet amazingly there are still conflicts over whether the policy makes electricity more or less expensive…
Economic modelling predicts that Germany is the most likely country to qualify for the semi-finals at the 2014 World Cup. EPA/Andreas Gebert

An economic crisis may make you stronger – in football

Forget Lionel Messi, Cristiano Ronaldo or Mario Balotelli. What will make your country more (or less) likely to succeed in the World Cup is its rate of economic growth. At this point, I expect European…
Can British shores really attract more people than the Great Barrier Reef? USFWS Pacific

Cash from conservation zones doesn’t add up

What has nature ever done for us? This is what leading environmentalist Tony Juniper asks in his latest book. He wants us to account for the “ecosystem services” that nature freely provides in order to…
The lack of transparency for the economic modelling of the Galilee Coal Project means the public must rely on the word of Waratah Coal. AAP Image/Lukas Coch

Can we trust Clive? Commercial-in-confidence coal mines

Clive Palmer’s Waratah Coal claims its Galilee Coal Project, which will create four underground mines, two open-cut mines, and 468 kilometres of railway line in central Queensland, will bring economic…
Australia’s future depends on decisions we make today - what’s coming towards us? Johnny Ross

Where is Australia headed? Some future projections

Australians want a future of sustainable self-sufficiency and a healthy environment supporting a robust democracy – free of poverty and inequity. That was one of our projections, as part of the Australia…
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…
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…
Joint Nobel Prize in Economics winners Christopher Sims and Thomas Sargent have contributed a body of work over decades. AAP

Economists' lifetime of work honoured with Nobel prize

Princeton University professor Christopher Sims and New York University economist Thomas Sargent have been jointly named the 2011 winners of the Nobel Prize in Economics (or, for the purists, the Sveriges…
Does the finance industry rely too heavily on contestable economic data? AAP

The problem with our economic data addiction

People who work in business and finance are obsessed with economic data releases – GDP growth figures, unemployment rates, trade statistics, and so on. Business journalists, investors, financial analysts…
Big sporting events often make a loss, but the locals still enjoy the party. AFP/Franck Fife

What will the Rugby World Cup be worth to New Zealand?

RUGBY WORLD CUP – In the latest of The Conversation’s series on the Rugby World Cup, Massey University’s Sam Richardson looks at the costs and benefits to the host country New Zealand. New Zealand has…
Would you behave differently if you knew when the crash was coming? Dave Hunt/AAP

Pop science: predicting the end of Australia’s property bubble

Economists and physicists may seem like unlikely bedfellows, but then opposites often attract. Their union has recently produced a peculiar baby, a field of research known as “econophysics”. Physicists…

Research and News (3)