Economic growth of countries needs many ingredients. Getting the recipe just right is important.
Economists shape the world in many ways, but some of their conclusions are counter-intuitive to say the least.
Ironically, it is the “ivory-tower” economists who tend to do the most interesting, and valuable, work.
Pitting health against the economy is a false dichotomy.
Biden proposed $1.9 trillion in new coronavirus relief spending to help with the economic fallout of COVID-19. Four economists have a few ideas for him.
Two-thirds of those surveyed want it linked to wages.
Leading Australian economists in four countries have signed an open letter calling on the national cabinet to think carefully before easing restrictions ‘for the sake of 'the economy’.
For economics to play a more helpful, critical role, it must abandon blind faith in the free market and embrace the social, historical, and environmental context in which economics actually happens.
Venezuela recently devalued its bolivar by 95 percent to tame rabid hyperinflation that has been sending prices on everyday goods through the roof. If history is a guide, it won’t work.
The methods used to measure gross domestic product are being criticised for excluding the unpaid work done by women.
Economists try to create and use maps to navigate the world of human choices. But in some ways, these maps are limited.
The low share of women revealed in this data is problematic for two reasons: a lack of diversity, and what it shows about women’s participation in the social network of informal collaboration.
A panel of leading economists has given its majority verdict on Alan Finkel’s proposed Clean Energy Target: it may not be the best possible emissions policy, but we should get on with it anyway.
Economists struggle to agree on when and where housing bubbles occur, but bubbles all have similar characterisitics.
The government’s unwillingness to consider changing the tax system to fix housing affordability, makes it more likely that APRA may have to become even more prescriptive with its lending criteria.
Ridiculed and ignored in 2016, what can the ‘dismal science’ offer us now?
In both the global North and South, economics tends to be taught with micro- and macroeconomic models that are disconnected from sociopolitical realities. We suggest new ways of teaching economics.
Economics struggles to explain the explosion of gift models at the heart of our online economy.
The idea that we make rational choices is the basis for how businesses and governments make their plans. But psychologists have been asking some awkward questions.
A row between South Africa’s finance minister and the country’s Directorate for Priority Crime Investigations has prompted academics to pen an open letter asking President Jacob Zuma to intervene.