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.
Rob Davies, former South African trade and industry minister.
GCIS
Rob Davies is critical of economic policy, starting with the Mandela administration. He reserves particular criticism for its macroeconomic policy framework introduced in 1996.
This recession is not like any other in living memory. Phase one involved a massive supply shock. Phase two will involve dealing with a collapse in demand.
Persistent rampant povery has been blamed on the compromises made by the African National Congress during negotiations to end apartheid.
EFE-EPA/Nic Bothma
Young people in the UK experience some of the worst working conditions. To understand why we need to look at longer-term changes in the political economy.
Monetarist economist Milton Friedman first coined the phrase ‘helicopter money’ in the 1960s.
Women wait in line to fill buckets from a communal clean tap in Masiphumelele, Cape Town, South Africa. The country has extremely high levels of inequality.
Nic Bothma/Reuters
Thomas Piketty’s visit reminds us of the need to reconsider South African inequality-fibbery. His inequality critique is vital, but only if it can withstand the neoliberal embrace.
The Global South is engineering new anti-poverty strategies, leaving traditional left analysts in a quandry.
Reuters/Nacho Doce
Could the surge of worker and popular resistance worldwide provide the global trade union movement with an opportunity to take the lead in developing a broad coalition of social forces?
We need entrepreneurs with vision beyond the current reporting period.
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When Lord John Maynard Keynes wrote “In the long run we are all dead”, he was not just expressing his frustration at mainstream economists who blindly believed in self-adjusting markets. I am convinced…
Every treasurer should be aware of the ultimate cost of government spending to taxpayers.
Alan Porritt/AAP
Many highly distinguished economists such as my friend Geoff Harcourt come from what is commonly known as the Post-Keynesian school. This means they believe the theory of economics and fiscal policy applied…
Sorry, spending has exceeded tax revenue.
Dean Thorpe
After all those years of flat-line economic performance in the UK economy and declining real incomes, we’ve seen quite a turn around. The growth rate is now one of the best in Europe, house prices are…
How well-placed is Tony Abbott’s new government to tackle the economic issues facing Australia, both domestically and internationally?
AAP/Rob Griffith
Tony Abbott became prime minister on Saturday by promising to lead an adult government of competence and stability after years of Labor infighting and backflips. Policy details and bankable pledges were…
George Soros says it is necessary to redefine the assumptions and axioms on which economic theory is based.
AAP
According to billionaire George Soros, co-founder of the Institute for New Economic Thinking, proving the bankruptcy of traditional economic theory is “mission accomplished” and it is now time to determine…
In aiming for a deficit in 2013-14, Treasurer Wayne Swan has made a future surplus more likely.
AAP
Recent years have demonstrated the enduring strength of a core Keynesian insight: deficit spending may result in higher growth and enable states to move more quickly into surplus. In this light, Australian…