The grand philosopher of the Commons, Elinor Ostrom, passed away on the 12th June 2012. She was a brilliant, creative polymath; a theoretician of fine precision and great intellectual power; a deviser…
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Articles on Economics
Displaying 641 - 656 of 656 articles
Suppose that in 1901 Australia’s founding fathers had designed the Commonwealth differently. The states were to retain all powers to tax and had to finance themselves (including health, education and social…
Many are concerned with the price of natural gas. Natural gas is an important part of Australia’s overall energy mix; it represents roughly a quarter of all primary energy sources consumed. And, as we…
What do the following people have in common? Nobel laureate economist Joseph Stiglitz, former Australian deputy prime minister Tim Fischer, UN Secretary-General Ban Ki-moon, HRH Prince Charles, OECD chief…
Since the beginning of the global financial crises in 2007, there have occurred numerous economic and financial crises around the globe, plunging often prosperous nations into hardship and even near bankruptcy…
The current economic crisis has renewed interest in alternative economic ideas. Most conspicuously, Keynesianism has returned from the margins. Unfortunately, particularly in Europe, policymakers quickly…
When New York’s Mayor Michael Bloomberg ordered police to clear Zuccotti Park of Occupy protestors on 15 November last year he called on the protesters to “occupy the space with the power of their arguments…
Australia’s recent fleeting love affair with President Barack Obama notwithstanding, Australia’s future lies with China and the North, not the Pacific and the East. This is not simply a matter of economics…
We claim that society’s most important investment is in the education of its people. But prescribing a school leaving age of 17 is not only uncomfortable for some but downright constraining for others…
The Sveriges Riksbank’s Prize in Economic Sciences - or the Nobel prize in economics - awarded last week to Thomas Sargent and Christopher Sims- implicitly claims that economics is a science. But how accurate…
AUSTRALIA IN ASIA: In the first of The Conversation’s series on Australia’s relations with Asia, Professor Tony Milner of the Australian National University examines whether we are prepared for the “Asian…
RUGBY WORLD CUP – In the latest of The Conversation’s series on the Rugby World Cup, Massey University’s Sam Richardson looks at the costs and benefits to the host country New Zealand. New Zealand has…
The big question about the carbon tax is not whether it’s a good or a bad idea in theory. The major issue is whether it makes sense for Australia to implement it at a time of great uncertainty, both in…
Without the firing of a single shot in anger, a country has been, at least in a sense, brought to its economic knees. The capitalist system, with variations and aberrations, is now reacting. Shares are…
The purchase of 43 farms in northern NSW by a state-controlled Chinese mining company has prompted calls this week for tougher restrictions on foreign investment. Greens leader Bob Brown, independent Senator…
Economist Professor Ross Garnaut has released his final report to the government on climate change and the economy. The report says global warming is expected to continue and estimates that a $26 per tonne…
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