Analysis suggests import restrictions on bananas in Australia are a classic rent‐seeking policy, leaving Australians to subsidise each grower by more than $250,000 a year.
News that Australian CEO pay has soared to a 17-year high at a time when ordinary workers’ wages are flatlining is ultimately bad news for economic growth and prosperity.
Small loans from governments and philanthropists are often held up as a route out of poverty. But proper research into whether they work is thin on the ground.
More must be done to develop mechanisms based on intrinsic motivations of committed, quality academics. It’s important to limit the harms currently being caused by rent seeking.
The notion of South African exceptionalism runs deep. Many people in the country believe that in some cases they are superior to the rest of the continent.
South Africa’s inequality levels are stark. The rich are super rich, the poor very poor. There’s a gaping hole in the middle and this is the greatest threat to stability.
Tax is back in the spotlight with coalition MPs and the Australia Institute talking about getting rid of some of the exemptions to the GST. There has also been a lot of talk about whether or not corporate…
Do the words we use to speak of economic matters, matter? I believe they do, but not by the propagation of textbookish jargon. Rather, the main way they matter is in shaping public ethics. Economics has…