International tourists use many of Australia’s resources, including adding to fossil fuel consumption.
People think migrants are draining Australia's resources. But if we were to cut down on migration, it would also make sense to introduce policies that limit numbers of international tourists.
The universal basic income movement has a major problem: both critics and even many supporters don’t understand how much it would really cost.
Apple may seem a giant, but by some measures it’s not.
Apple became the world's 'biggest' company because of its sky-high valuation. But in the past, the largest companies were known for more meaningful metrics such as revenue and number of employes.
It’s a game for the rich.
AP Photo/Steven Senne
The Trump administration is considering a change to capital gains that could be a windfall for the rich. A scholar explains what they are and how they're taxed.
Tariffs may help certain industries, but their broader impact on middle- and lower-income consumers is generally harmful.
The president says he's fighting his trade war because a generation of free trade has failed working-class Americans. An economist explains why tariffs will only make things worse.
There's a good reason why Brexiters aren't coming up with an alternative to Theresa May's Chequers plan.
Trump and Merkel: Friends, foes or frenemies?
AP Photo/Pablo Martinez Monsivais
The president, who called the European Union a 'foe' following a series of meetings in Europe, may not realize just how much Americans have gained from their relationship with Europe.
Aggregate demand is being hit by the concentration of income growth among the top earners and is now a drag on economic growth.
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.
Trump has long talked about halting U.S. participation in the WTO.
Trump has often talked about leaving the World Trade Organization. An economist explains what it is and what would happen if the president had his way.
The doomsayer is just as vital as the visionary.
Doomsaying about new technologies is as old as technology, and it's a vital part of how we figure out when and where something should be used.
Ken Starkey defends the importance of business schools, while Martin Parker says 'bring in the bulldozers'.
Talk of the post-industrial society is mostly hype without evidence.
Tighter emissions standards create costs for truck manufacturers yet provide health benefits for society. How should they be weighed?
EPA Administrator Scott Pruitt has proposed steps that would reduce economic benefits to society from new regulations. An economist who worked for Presidents Clinton and Obama calls this a strategy to justify deregulation.
The latest World Bank report on South Africa identifies land reform as critical factor of addressing the country’s economic challenges.
The latest World Bank report on South Africa addresses solutions to the country's economic challenges.
Economics is about so much more than money – it can help people find the right kidney donors, for example.
Economics isn't just about money – it offers ways to tackle many of our problems. But economists lack diversity, and that limits how they see the world and the solutions they offer.
Prime Minister Justin Trudeau meets with U.S. President Donald Trump in the Oval Office of the White House in Washington, D.C. in October 2017. Trump’s tariffs on Canadian aluminum and steel simply reflect a broader U.S. philosophy on international trade, and that doesn’t bode well for Canada.
THE CANADIAN PRESS/Sean Kilpatrick
The underlying problem with Donald Trump's tariffs on steel and aluminum isn't Trump. It's the increasing willingness by the U.S. to impose its will on its neighbours amid rising economic nationalism.
The job market is still tough for many Americans.
AP Photo/Lynne Sladky
The May jobs report showed that US unemployment is at about a 50-year low. That's not how it feels to many men who've never been to college.
A man browsing the shoe department in a shopping centre. Can he really afford new shoes, and does he really need them?
Under some circumstances, people may feel wealthier than they actually are and this makes them psychologically more prone to increase their spending, as well as their borrowing.
In the short-run, the targeted migration program boosts workers in the target region.
Bread for the World/Flickr
Even if policies could be found to bind new immigrants to regional areas, workers' movements would continue to weaken the long-run impact on regional populations and economies.
Whether or not China and the US are successful in negotiating out of a trade war and restoring the integrated global economy, there will still be strategic tensions between the nations.
THOMAS PETER / AAP
We modelled a number of scenarios showing all increases in US or Chinese trade protection would cause international trade, and the global economy more generally, to shrink.