China’s phenomenal economic growth during the last three decades has significantly altered its pattern of social stratification. One of the most equal countries in the world has become one of the most…
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Most families say they would feel comfortable living on an annual household income of just under $80,000 according to new figures from the Melbourne Institute of Applied Economic and Social Research. However…
The marked increase in international commodities prices and the accompanying rise in the value of the Australian dollar has led to popular concern about a two-speed or multi-speed economy, prompting the…
The proportion of people who expect inflation to breach the Reserve Bank’s annual target of 2-3% increased slightly in June, a survey of 1200 consumers has found. The survey, conducted by the Melbourne…
Late last month, Ben Bernanke held the first ever press conference by a chairman of the US Federal Reserve Bank. For more than an hour, he took questions about the Federal Open Market Committee’s decision…
In recent years productivity growth in Australia has been in alarming decline. A series of government reports have identified some of the causes: infrastructure and skills inadequacies, bottlenecks and…
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Professor of Economics & Business, Allegheny College
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Distinguished Professor, Arthur J. Gosnell Professor of Economics, & Interim Head, Department of Sustainability, Rochester Institute of Technology
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