Australia’s unemployment rate may have to fall much more before we see any wages growth.
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Articles on Economic theories
Displaying 21 - 40 of 41 articles
The economic theory of comparative cost advantage is more akin to natural law – it can’t be wished away. And during the ongoing trade war ignited by Donald Trump, it has never been more relevant.
Our revolving door prime ministers are the result of the politicians being too responsive to what we think, and there being too few of them.
A new study claiming to debunk this core part of behavioural economics suggests we really need a new and improved model for loss aversion.
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.
The budget was extraordinary in many ways. It is an abandonment of restraint on taxes by a liberal government. It is nakedly populist and it also acknowledges that government debt can be productive.
If we continue to base our views of the charity sector on incorrect assumptions and perceptions we run the risk of doing considerable damage to a national asset.
Economics doesn’t have all the answers – at least not for those looking to escape ideology.
It is a puzzle as to why businesses are reasonably confident but not willing to invest.
If it is so easy to fix a nation’s economic ills – just run the printing presses round the clock – then why doesn’t everyone do it?
Britain will continue negotiating the terms of its relationship with Europe, whatever the outcome of its referendum.
The author of Corbynomics makes the case for studying ‘real-world’ economics.
In our first piece in a new series on economic theories that are changing the way we think, how is technology creating growth?
Asymmetric information – where one party to a potential transaction knows more about the deal than the other – can cause markets to collapse. Luckily, we’ve invented a few tricks to deal with it.
The dismal science has had a dismal verdict from the UK electorate, and the new government isn’t coming to the rescue either.
Just the other day I found myself in the waiting room of an automotive dealership. While my car was being serviced, I flipped through a product brochure. One ad for an oil change boasted that it would…
It is now more than three months since the Abbott government released its first budget. Amid the subsequent wrangling over controversial measures such as the A$7 GP co-payment and re-indexing the fuel…
The UK government’s senior adviser on science has made an entirely sensible call for researchers and policy makers to move the climate change debate towards workable strategies and solutions. The trouble…
The Institute of Economic Affairs (IEA) is enjoying another moment in the sun. Australian politics is starting to move to the beat of its drum as Treasurer Joe Hockey talks about an “end to the age of…
According to billionaire George Soros, co-founder of the Institute for New Economic Thinking, proving the bankruptcy of traditional economic theory is “mission accomplished” and it is now time to determine…
Top contributors
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Professor of Economics, UNSW Sydney
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The University of Queensland
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Professeur d’économie, Mines Paris
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Professor of Finance at l’ESILV et à l'EMLV, member of De Vinci Research Center, Pôle Léonard de Vinci
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Chair & Professor of International Business, University of Manchester
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Honorary Professor of Economics, UCL
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Adjunct Professor, Crawford School of Public Policy, Australian National University
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Associate Professor, School of Economics, University of Sydney
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Professor of Macroeconomics, University of Sydney
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MPhil, Economic History, London School of Economics and Political Science
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Research economist, The University of Melbourne
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Professor of Finance, University of York
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Senior Lecturer in Economics, The Open University
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Senior Lecturer in Corporate Finance, University of Bath
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Senior Professor, People, Organizations and Society, Grenoble École de Management (GEM)
