Given how wealth contributes to health on the personal, individual level, the case for economic growth being good for us might seem intuitive.
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The historical correlation between economic prosperity and increased life expectancy might suggest that growth is generally a good thing. However, other evidence points to the downside of growth.
U.S. Sen. John Kerry grills representatives from the cable industry during a 1990 hearing on consumer protections.
C-SPAN
Like their cable predecessors, streaming companies have lured customers in with low rates and promises of a better viewing experience. Now they’re cashing in.
Good things are in store in 2024.
Sakorn Sukkasemsakorn/iStock/Getty Images Plus
From an economic viewpoint, the idea may initially appeal by appearing to maximise the economic utility of the receiver. But it suffers from fundamental flaws.
Take your cuppa elsewhere.
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Food systems are increasingly disrupted by climate disasters, while also being a major contributor to climate change. World leaders at COP28 vowed to do something about it.
Knowledge is power − especially where money is concerned.
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After a 20th-century manufacturing boom, the region has been in a decadeslong decline. Rural factory towns can blame technology and globalization for their woes.
Yanis Varoufakis speaking in Rome, November 12, 2022.
Angelo Carconi/AAP
Taxing electric vehicles was always a bad idea. But the High Court’s ruling against Victoria’s law could make state-based road user charges impossible.
The world’s newest Nobel laureate takes a bow.
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A ‘knowledge economy’ is an economy based on technical and scientific advances. The upcoming Universities Accord should focus more on research and capitalising on discoveries.
Alan Bollard, Te Herenga Waka — Victoria University of Wellington
The Cold War was an economic standoff as well as an atomic one. The author of a new book describes the minds behind the great ideological battles on that 20th-century front line.
A statue of Adam Smith at the University of Glasgow.
University of Glasgow
I’m an economist – but I can see many reasons for Australians to distrust my profession. Here’s how we could start to make economists better serve all Australians.