A bipartisan group of senators proposed the gas tax should be indexed to inflation to help pay for new infrastructure spending, an approach Biden calls ‘regressive.’
The story of how money injections became the go-to policy for tackling economic crises.
Australia has a long history of making unemployment support contingent on the idea of “deservedness”. JobSeeker rules are an extension of that.
Market prices are supposed to reflect a company's fundamental value. When they no longer do, bad things can happen.
What might the past offer us at this moment, and how will future generations reflect on this year? How will this present become the future’s past?
Everyone’s saying it: ‘Democracy is fragile’ in the United States. But a political science scholar says that has always been the case.
The US faces many of the same problems Germans faced after World War II: how to reject, punish and delegitimize the enemies of democracy. There are lessons in how Germany handled that challenge.
A professor of comedy examines holiday cards in times of struggles. They aren’t all sad.
History shows what moments of great political and economic uncertainty mean for tensions between military rivals.
Marches, demonstrations, civic unrest, attacks by law enforcement and the military on protesting civilians: The parallels between the summer of 1932 and what is happening currently are striking.
A law to fast-track development consents is being fast-tracked itself. Before it’s too late, politicians should insist on greater protection against long-term environmental damage.
The four-day work week is an idea that should make it through the pandemic’s open policy window.
You’ve heard of compulsory purchase orders for houses, but few realise it has sometimes happened with the world’s favourite precious metal.
Australia’s economy has prospered due to open borders and international trade. It has much more to lose from disruptions.
After a disastrous performance during the summer’s bushfires, Morrison has been a stronger leader on the global health crisis. But another great challenge – the economic one – is still ahead.
New Zealand’s 2020 budget must not only provide economic hope, it must balance the very different ideologies and aspirations of two earlier historic budgets.
Several economists predict joblessness will eventually surpass the 25% rate experienced in 1933.
Grattan institute estimates suggest that up to 26% of the workforce – 3.4 million Australians – are likely be thrown out of work as a direct result of the shutdown.
The IMF is forecasting an Australian downturn that will dwarf every one since the Great Depression.
The usual pretence that right-wing commentators are on the side of their audience falls away in times of crisis. They are on the side of business - particularly their own.