A variety of factors have caused the U.S. inflation rate to increase over the past few years, from the pandemic to the war in Ukraine.
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Rising inflation rates due to supply-side factors – COVID-19, Ukraine and supply chain shortages – make countering inflation difficult for the central bank.
Global central banks, like the Bank of Canada, are considering their own digital currencies as a backstop to prepare for a future where cryptocurrency dethrones cash as king.
THE CANADIAN PRESS/Adrian Wyld
Central banks worldwide are racing to implement national digital currencies, yet democratic considerations are hardly discussed in public. This has to change.
Chalmers must feel an element of deja vu. He was a senior staffer to then treasurer Wayne Swan during the global financial crisis.
Treasurer Jim Chalmers will tell parliament on Thursday that estimated growth has been cut by half a percentage point for last financial year, this financial year and next year.
Image of Earth’s city lights, created with data from the Defense Meteorological Satellite Program.
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A 1972 report warned that unchecked consumption could crater the world economy by 2100. Fifty years and much debate later, can humanity innovate quickly enough to avoid that fate?
Going to plan? Victoria’s transport infrastructure minister, Jacinta Allan, tours Melbourne’s Parkville Station site in April.
Infrastructure has been rife with controversy for years. Can a new department secretary make a difference?
A Colombo resident searches for fuel amid the economic crisis.
As authorities desperately seek aid, the Sri Lankan crisis continues.
President Joe Biden authorized use of the Defense Production Act to ramp up production of several climate-friendly technologies.
Other presidents used the Defense Production Act to boost fossil fuel supplies. Biden is now using it to boost clean energy. But just ramping up production isn’t enough to succeed.
Fish stocks are in decline around the world, in part because of the way we value nature and fail to account for their long-term benefits.
Humans have failed to take good care of the ocean — and the environment at large — because we undervalue its goods and services.
The 2022-23 budget is the result of a good plan, well executed. But whichever party next takes government must close the deficit gap – without resorting to austerity.
Wes Mountain/The Conversation
The budget forecasts and unemployment numbers show Josh Frydenberg’s COVID support spending has paid dividends.
Zero-sum competitive environments that set up winners and losers may be less appealing to women.
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A focus on raw intellectual talent may unintentionally create a cutthroat workplace culture. New research suggests women’s preference to avoid that environment may contribute to gender gaps in some fields.
Anthony Albanese will declare he would govern on the Hawke model of consensus, in a Wednesday economic speech that also directs a strong pitch to business.
Keeping these aspects of taxation in mind can help us hold governments accountable for the taxes that they try to implement and prevent future unethical and legally questionable taxes from being put in place.
Taxes are more than mandatory payments required by governments. Understanding the essential aspects of taxation can help prevent ethically and legally questionable taxes from being imposed.
Renewable energy prices have fallen faster than predicted.
Human behaviors shift. Policies change. New technology arrives and evolves. All those changes and more are hard to predict, and they affect tomorrow’s costs.
Many current consumer options are environmentally damaging.
Research shows people want government to restrict excess consumption through regulations, not just to rely on citizens to make better choices.
Wind power has been bolstered by government subsidies.
Providing government subsidies for emerging clean technologies could unlock their transformative potential.
Surfing’s benefits to well-being aren’t often studied in economics terms. This is a major gap in our knowledge we’re now trying to fill.
It’s easy to be swayed by the grand promises of AI. But new technology is not the solution to everything. Do your sums first.
Australian Antarctica Division / AAP
Australia’s ‘blue economy’ needs a strong basis in marine science.