I’m an economist – but I can see many reasons for Australians to distrust my profession. Here’s how we could start to make economists better serve all Australians.
Far from the idea of “trickle-down economics”, a map illustrates how the waterworks of the financial system are parching certain sections of the real economy and producing vast inequality.
Talk of a joint BRICS currency feeds into ‘decline of the dollar’ rhetoric. But it is the economic bloc’s focus on innovation that will reshape the international system.
The Scottish economist dedicated his life’s work to understanding the consequences – moral, social and political – of capitalism. Both neoliberals and leftwingers claim his legacy.
The conventional narrative on corporate tax increases relies on ‘zombie ideas’ that pander to corporate interests, harm the public interest and refuse to die.
Human civilisation is headed for collapse. Collectively, we are pushing planet Earth beyond the limits of endurance. There has to be a better way. Now a new book makes the case for systemic change.
The Alberta government’s report on the supposed ills of the minimum wage should be viewed within the vast, diverse spectrum of economic literature, not just standard economics.
Putting a dollar value on nature has staunch opponents who say it’s morally wrong, but without it, building dams and other infrastructure can run roughshod over vital ecosystems.
Our research team tracked the impact of Dark Emu, Bruce Pascoe’s bestseller, over five years. We measured its value across a range of criteria, from financial to environmental.
The treasurer has outlined a blueprint for an economy that will solve problems while still looking after the people at its centre. And despite the detractors, there is much to be said for it.