Before Card, it had been widely accepted that boosting the minimum wage would cost jobs.
- Senior lecturer, Canberra School of Government, University of Canberra
Like cryptocurrency, Damien Hirst ‘Currency’ artworks have many of the attributes of actual money.
Much of the jump in inflation from 1.1% to 3.8% is transient, and the lockdown in NSW will suppress what’s left. But even if you still fear inflation, there are things you can do.
The Bank of International Settlements says technology and globalisation are the main causes of increasing inequality.
The Australian Bureau of Statistics is doing what it can to push back against lobby groups’ over-inflated claims of job creation — but it can’t stop people misusing its figures.
El Salvador has become the first nation in the world to make Bitcoin legal tender. So what exactly is President Nayib Bukele thinking?
Most of the budget’s housing measures shuffle the queue, rather than increase the number of homes.
Tesla’s stance has also shone the spotlight further onto the carbon footprint of cryptocurrency – an issue that will not go away soon.
LMITO excludes low earners and isn’t timely.
Tesla spending billions on Bitcoin is bad news for the company’s shareholders and for Elon Musk’s admirers - not to mention the planet.
If the Reserve Bank had acted as it usually does, the cash rate would have dipped briefly negative in August.
Spotify is offering to boost artists’ position on its playlists in return for paying them lower royalties. Can struggling musicians afford to say no?
President-elect Joe Biden’s cabinet picks show a preference for ability and a desire to reengage with the world.
The IMF wants government intervention on climate change. It’s now abundantly clear Australia’s climate policies are at odds with even the most conservative approach to economic management.
For their work on auctions and ‘the winner’s curse’, Stanford neigbhours Paul Milgrom and Robert Wilson have won the 2020 Nobel Prize for economics.
the International Financial Conference in Brussels in 1920 hoped to reset the global economic order after a disastrous world war and pandemic. It hold lessons for leaders today.
Far too much hangs on whether Australia is “technically” in a recession. It might be skewing the design of our coronavirus support measures.
Behavioural economics has three key insights to encourage take-up of the contact-tracing app.
The IMF is forecasting an Australian downturn that will dwarf every one since the Great Depression.
Even though the way we access pop music has changed and gone digital, hitmakers lag behind other industries in terms of globalisation.
The prosperity and happiness of one country promotes that of others. That’s a lesson Donald Trump has never learned.
Central banks are increasingly taking into account climate change in deciding how to invest.
In many countries people are now paying more for bonds than they will receive at maturity. These negative interest rates should make it a good time for investment.
A former senior economist with the Reserve Bank of Australia doubts Facebook’s cryptocurrency will take control of monetary policy away from central banks.
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