The Federal Reserve lifted rates for the second time this year and expects to do so once more, suggesting it’s fairly confident the economic recovery will continue. Is it overconfident?
Uncertainty can be a drag on the economy.
AAP/Dan Peled
South Africa celebrates Freedom Day this week amid growing discontent over misrule by President Zuma and the ANC. This has led to increased calls for ethical and caring leaders.
US President Donald Trump argues manufacturing jobs are being lost to imports and multilateral trade agreements.
Jonathan Ernst/Reuters
A border adjustment tax would raise government revenue and boost jobs in export-driven industries, which tend to concentrate in the embattled manufacturing sector.
If the stars align, consumers will benefit from increased economic activity in the short term. And if they don’t, then the economic recovery will have consumers saving more in uncertain times.
When we don’t factor in the environment in our economic decision making, we aren’t getting an acurate picture of what’s happening. Australia needs to adopt more environmental economics.
Ahead of next week's mid-year economic and fiscal outlook, the government has been hit with the sobering news that real GDP shrunk in the September quarter.
President-elect Trump and Brexit booster Nigel Farage: two faces of today’s nationalism.
Reuters/Carlo Allegri
Financial crises and soaring inequality fueled the populist backlashes that threaten neoliberalism’s core principles of free markets and free people. The world needs a new narrative to counteract it.
David Leyonhjelm negotiated for the numbers in the budget to be reported in per capita terms.
AAP/Mick Tsikas
Business Briefing: Former chief World Bank economist on inequality and doing away with big money
The Conversation22.3 MB(download)
A former chief economist to the World Bank and economic adviser to the Indian government says doing away with big currency notes is a noble idea but an ineffective tool.
Principal Research Fellow, Melbourne Institute of Applied Economic and Social Research, and Professor of Economics, Department of Economics, The University of Melbourne