Reports of big university budget surpluses appear to undermine calls for their federal funding to increase. But a closer look at how the surpluses were achieved reveals why change is needed.
- Associate Professor in Political Economy, University of Sydney
More than a dozen Australian universities have been publicly accused of underpaying staff. Some have paid millions in backpay after audits. And a big factor in wage theft is the rise of casualisation.
Are we consumers or are we citizens? Clearly most of us are both. In a capitalist economy people get much of what they need through competitive markets. Yet we also live within a society and have reasonable…
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…
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