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Articles on Economic policy

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Nobel Laureates: Princeton University professor Christopher Sims (left) and Thomas Sargent, a New York University economist and visiting professor at Princeton. AAP

US economists win Nobel Prize for cause and effect theories

Two US economists have been named the 2011 winners of the Nobel Prize in Economics for their research on how economies are affected by macroeconomic variables such as GDP, inflation, employment and investments…
Big sporting events often make a loss, but the locals still enjoy the party. AFP/Franck Fife

What will the Rugby World Cup be worth to New Zealand?

RUGBY WORLD CUP – In the latest of The Conversation’s series on the Rugby World Cup, Massey University’s Sam Richardson looks at the costs and benefits to the host country New Zealand. New Zealand has…
Planting the idea: Opposition Leader Tony Abbott opposes a carbon tax. AAP Image/Julian Smith

Australia should delay a carbon tax until the rest of the world acts

The big question about the carbon tax is not whether it’s a good or a bad idea in theory. The major issue is whether it makes sense for Australia to implement it at a time of great uncertainty, both in…
Universities must ensure that their discoveries are put into practice. AAP

A role for universities in halting the death of manufacturing

Over the last few weeks, the cost of upheaval in the manufacturing sector has become ever more visible. BlueScope Steel is to shed 1,000 employees while OneSteel has announced the loss of 400 manufacturing…
Boom to bailout: Ireland’s economic implosion shows the consequences of unfettered policy. AAP

Why it pays to believe economists

This year’s Economic Society of Australia conference saw a range of strong views expressed on what Australian policy makers have managed to get broadly right (carbon tax – hurrah!) and wrong (NBN – boo…
Treasury Secretary Dr Martin Parkinson has said boosting Australia’s productivity is essential. AAP

Act on productivity now or see decades of reform go to waste

In his address to the Economic and Social Outlook Conference last week, Treasury Secretary Dr Martin Parkinson called for a renewed focus on boosting Australia’s falling productivity to ensure living standards…
Good financial inclusion measures will protect consumers from predatory lenders. Flickr/rinkjustice

Giving credit where it’s due will ensure financial inclusion

The Australian government has begun to focus on the issue of financial inclusion, as reflected by an allocation of $60.6 million in this year’s federal budget. This follows earlier government support for…

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