At the moment, fuel taxes pay for most of the maintenance of US roads, bridges and highways. What happens when the majority of cars no longer run on gasoline?
If we want economics to appeal to young Australians, it needs to move away from theory and towards tackling some of the trickiest issues faced by the next generation.
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Jim Stanford, University of Sydney and Richard Denniss, Crawford School of Public Policy, Australian National University
For economics to play a more helpful, critical role, it must abandon blind faith in the free market and embrace the social, historical, and environmental context in which economics actually happens.
With ExxonMobil set to begin oil production in Guyana next year, this tiny South American country will soon become unthinkably rich. But neighboring Venezuela shows how an oil boom can go bust.
The U.S. and China have ‘trust’ issues.
Reuters/Kevin Lamarque
China has reneged on past promises it has made to the US. With the deadline for a deal fast approaching, the solution may lie in learning from a global organization the president hates: the WTO.
Does a few more trillion make a difference?
AP Photo/Manuel Balce Ceneta
The Trump administration is preparing to shift billions in veterans’ health care spending to private providers. Research suggests privatizing essential services comes with a social cost.
It is estimated there are now more than 200 million cane toads across Queensland and northern New South Wales.
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As the expected costs of climate change grow, cities are on the frontlines of adapting to sea level rise and more intense storms – and finding ways to pay for it.
Places at the table: the G20 is adept at harnessing the commitment and resources of other international organisations to its own agenda.
Kay Nietfeld/Reuters Pool/DPA
The G20’s power comes from its members, but also vital is its informal structure and close working relationship with other international organisations.
Market forces are unlikely to lift wage growth higher without help.
Americans are increasingly struggling to save enough for retirement. If Social Security isn’t saved, growing old in poverty will likely become more common.
A customer shops for a turkey.
Reuters/Kevork Djansezian
Millions of Americans will be shopping for turkeys in the coming days. An economist suggests a few things to keep in mind as you hunt for the perfect bird for your feast.