Economy

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Running the economy is a bit like running a race… Jogger wall via www.shutterstock.com

How the Federal Reserve keeps the US economy from bonking

My buddy is training for his third Chicago Marathon. I’m preparing for a 10K mud-run. He’s really fit and a family nurse practitioner, so I seek his advice on how to get in shape and what to eat. His advice…
Victoria Island waterfront in Lagos. President Buhari needs to emulate China and South Korea by urgently investing in science and technology to take Nigeria’s economy to the next level. Reuters/Joe Penney

Science and technology hold the key to Nigeria reaching its full potential

Investing in science, technology and innovation can help give Nigeria a positive lift in many sectors of the economy.
Boxing clever? Osborne delivers. Andy Rain/EPA

Budget 2015: Experts respond

Instant reaction from academics as George Osborne delivers his post-election budget.
Then NSW treasurer and now Premier Mike Baird, shaking hands in 2013 to mark the handover of Port Botany under a 99-year lease – the same period as has been proposed to lease state electricity assets to private operators. Dan Himbrechts/AAP

NSW can pay for the infrastructure it needs without privatisation

Privatising public assets is like a tradesperson selling her or his tools when facing a temporary income shortfall. Much better to borrow at low interest rates and productively invest those funds.

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