Arthur Caldwell almost defeated Robert Menzies in the poll in 1961, and won the debate about policy.
National Archives, National Library of Australia, Wikimedia
President Trump recently released his tax plan, but he’s also said he wants to stimulate the economy with infrastructure spending. Is one more effective than the other at boosting growth?
Stable food prices are a central issue for South Africa’s Reserve Bank. But should it be doing more to protect the poor?
Reuters/Siphiwe Sibeko
There’s a raging debate in South Africa about the role of its central bank. This is inevitable given that so much is changing in the world of central banking and in economic life.
World Bank President Jim Yong Kim speaks during the Milken Institute Global Conference in the US.
Mike Blake/Reuters
The World Bank has changed direction. It won’t be giving up on public funding, but it will increasingly be trying to attract private investors to developing countries.
The Haymarket affair saw workers protesting for a 40-hour working week.
Harper's Weekly [Public domain], via Wikimedia Commons
It’s time to update the old agenda of the 19th century: less working time and more money for all, in the form of shorter work days and a universal basic income.
It’s important to know what consumers are thinking and feeling.
Shutterstock
George Kerevan, Stephen Boyd and Katherine Trebeck see a world where employees are treated like just-in-time inventory.
Before he was the Republican presidential nominee, Donald Trump accepted three bars of gold bullion as payment for a 10-year lease on a building he owned.
Mike Segar/Reuters
Syriza, now on the verge of a historic election victory in Greece, has risen dramatically as an electoral force on the back of a plan to write off debt and end austerity. However, talk of the party introducing…
An IEA legacy on the stairs at 10 Downing Street?
The Prime Minister's Office
The Institute of Economic Affairs (IEA) is enjoying another moment in the sun. Australian politics is starting to move to the beat of its drum as Treasurer Joe Hockey talks about an “end to the age of…
Oxford’s dons need to get ready for some new thinking.
lukecanvin
When it comes to debating the rights and wrongs of public policies, economists have always held a privileged position. While citizens and less respected social scientists must strive to get their voices…
Ever wondered why remastered compilations sound so awful? John Maynard Keynes may have the answer.
Affendaddy
Music fans may have noticed something odd when their favourite artists release new “best-of” compilations or remaster back catalogues for CD or iTunes. Over successive reissues, the same songs sound worse…
Some Republicans may be yearning for a return to the gold standard, but the idea has lost its lustre among the vast majority of economists.
Image from www.shutterstock.com
A few years back, mock-conservative TV pundit Stephen Colbert famously introduced the notion of “truthiness” into the political lexicon. As Colbert put it, truthiness pertains not to whether beliefs are…
Like Barack Obama, Richard Nixon was once a first-term president in charge of a spluttering economy.
Marion Doss
Yesterday the Federal Reserve announced limited measures to boost the economy. Whatever effect they will have on the economy, they are unlikely to be of any benefit to Obama. Indeed, history shows that…
Professor of Globalisation and Development; Director of the Oxford Martin Programmes on Technological and Economic Change, The Future of Work and the Future of Development, University of Oxford