Economics

How debt peonage dispossesses the masses

How debt peonage dispossesses the masses

Tweet Why, after 200 years of industrialisation, are Westerners generally poor, overworked and swamped by debt, asks Matthew Mitchell. WHY, after more than 200 years of industrialisation, are most Westerners so poor? Despite the massive productive...

 

Ding, dong

Ding, dong

Tweet Margaret Thatcher is dead, but we should not mourn her, but rather the world she cost us, says Bob Ellis. IT MAY BE the Ignoble Experiment is over. Margaret Thatcher is dead, and the millions of British her drunk thought bubbles destroyed...

 

Eight elementary errors of economics

Eight elementary errors of economics

Tweet Much modern economics is simply pseudo-science, making elementary errors of accounting, evidence, perception and theory, writes Dr Geoff Davies. The Global Financial Crisis, the extreme inequality of wealth world-wide, the materialism...

 

Time to end Tony Abbott’s deceitful debt scare campaign

Time to end Tony Abbott’s deceitful debt scare campaign

Tweet Tony Abbott, aided by an increasingly willing and partisan mainstream media, has been fostering public misconceptions and fear around national debt and the GFC. Matthew N. Donovan blows the lid on another Abbott scare campaign. (Image...

 

Latham’s neo-liberal Labor and the Abbott right rat-snake

Latham’s neo-liberal Labor and the Abbott right rat-snake

Tweet Mark Latham may have succumbed to the creed of neo-liberalism, but he has summed up the Abbott right to perfection in his new Quarterly Essay, says Graham Jackson. As an old card-carrying trade unionist, I spent part of my Victorian Labour...

 

Australia’s disappointing financial strength

Australia’s disappointing financial strength

Tweet Fieran Lozean from the IPA says the nation’s outstanding economic success has led Australians to be resolutely upbeat about their quality of life — but he’s working on that! OUTSIDE OF MY JOB as one of the four horsemen of the apocalypse,...

 

Free market ideology

Free market ideology

Tweet Managing editor David Donovan says unrestrained neo-liberal free market ideology is not new and risks tearing our society apart if we don’t stand in its way. Why everything you thought you knew about economics is probably wrong Read...

 

Joe has no idea

Joe has no idea

Tweet The ignorance and ineptitude of the man who would be Australia’s next treasurer was on full display last Thursday, writes Alan Austin. Last Thursday, a business conference run by the Committee for Economic Development of Australia...

 

Masters of the universe and the efficient markets myth

Masters of the universe and the efficient markets myth

Tweet There is no such thing as an “invisible hand” guiding the market, just a whole lot of real hands, says former investment banker – and IA managing editor – David Donovan. Read the other parts of this series: Part 1: The art of...

 

Productivity and the myth of labour market “flexibility”

Productivity and the myth of labour market “flexibility”

Tweet Capital investment and technical and technological innovation are the best ways to improve productivity in the 21st century — not increased labour “flexibility”, says managing editor David Donovan. Why everything you thought you...

 
 
 
 

Free weekly newsletter