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Decarbonisation is not impossible, but it will be difficult to achieve through capitalism.
Things are going in one direction.
Everyone is talking about how to alleviate energy prices this winter, but no one acknowledges that the average household has been getting poorer for more than a decade.
The price of gas is soaring across the U.S.
AP Photo/Ashley Landis
Russia’s invasion of Ukraine and resulting sanctions are causing oil prices to spike, which is putting more pressure on inflation and increasing the risk of recession.
To drive living standards upward we need new technologies to relentlessly improve productivity.
For once, centre-left economists are divided.
Jim Lo Scalzo/EPA
Janet Yellen is the perfect choice to tackle the worst economic crisis in a century, and the problems that lie beyond.
The government has done a good job so far, but it will have to direct future support to the Australians most likely to spend.
Struggling to take off.
Contrary to popular belief, entrepreneurship has been on a worryingly downward trend since the 1980s – here’s why.
We’ve entered out 29th year of uninterpreted economic growth. Continued good fortune will require harder decisions.
More than good management and more than good luck, we’ve been blessed by delightfully fortunate timing.
The ASX 200 slid 2.9% on Thursday amid less than completely encouraging news at home, and awful news from abroad.
The progress we were making has been slowed or reversed, at exactly the wrong time.
The Reserve Bank and government have the means to keep us from recession. They’ll need the will.
We’ve two options of keeping ourselves out of recession, neither of them easy. The government will have to abandon its determination to get the budget into surplus.
No laughing matter.
No longer do the world economic figures contradict the former US Treasury Secretary’s theory.
Money is cheap right now, so where are the returns?
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Australia needs to change its national accounting system to be more like the private sector.
Treasurer Joe Hockey said Australia is not heading for a recession.
AAP Image/Dean Lewins
Australia has had 24 years of consistent growth. Is it all about to come to a crashing end?
The secular stagnation theory predicts the world will stumble along with anaemic growth and no inflationary pressures for the foreseeable future.
The major Australian banks have recently cut fixed mortgage rates below 5%. They have done so without any prompting from the Reserve Bank of Australia, which may actually start raising the policy rate…