The NBN needs subsidies if we all want to benefit from it
Almost half of eligible households haven't connected to the NBN. New modelling shows the NBN needs subsidies if we want more people to connect and the economy to benefit from it.
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Articles on Economic modelling
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How to be an economist in 2017
Ridiculed and ignored in 2016, what can the 'dismal science' offer us now?
South Africa’s economy would take a knock if starved of new graduates
Economic models suggest that South Africa's GDP would fall, inequality would deepen and unemployment would rise if university graduates don't enter the labour market in 2017.
FactCheck: does the average Australian family spend up to $22,000 every year on transport?
The Australian Automobile Association said that a new report showed that "the average Australian family is spending up to $22,000 every year to get around." Is that accurate?
The $8.2 billion water bill to clean up the Barrier Reef by 2025 – and where to start
A groundbreaking new economic study has found that investing A$8.2 billion would get us very close to hitting targets to cut water pollution into the Great Barrier Reef by 2025.
Pushing back against the politicisation of economic modelling
Economic modelling has been co-opted for political purposes and practitioners must respond.
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…
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…
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…
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…
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…
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…
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…
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…
US economists win Nobel Prize for cause and effect theories
Two US economists have been named the 2011 winners of the Nobel Prize in Economics for their research on how economies are…
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…
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…
Economists back carbon tax package
A survey of 145 economists released today found that 60% believe the Gillard government’s carbon tax is good economic policy…
Consumers see inflation breaching RBA target slightly
The proportion of people who expect inflation to breach the Reserve Bank’s annual target of 2-3% increased slightly in June…
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…
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Associate Professor, University of Sydney
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Researcher at the Australian German Climate and Energy College, University of Melbourne
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