Australian Steve Keen is one of 26 distinguished economists taking issue with the OECD’s Australian head Mathias Cormann. He explains why.
- Honorary Professor of Economics, UCL
This celebrated research gives governments a reason to give climate change a low priority, but is based on spurious empirical data.
William Nordhaus’ predictions of what the climate crisis will cost the earth are dangerously at odds with climate science.
Every one of the 13 economists surveyed by The Conversation thinks more stimulus is needed. None think it should all come from the Reserve Bank. Most think the budget surplus can wait.
The UK and US may avoid another crash, but many other major economies look like they are on the brink.
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Where do we go from here? After a dramatic year, we look ahead to some key economic and political trends that will influence our lives over the next 12 months.
Taken at face value, David Cameron’s warning this week about risks in the global economy sounds like it might be wonderfully prescient. Here’s the country’s economic chauffeur, carefully checking his instrument…
Australia’s inflation rate remains under control, potentially adding to the argument for the Reserve Bank to leave interest rates where they are, experts said today. But one economist has warned the Reserve…
The Federal Government is still aiming to deliver a slimmed down surplus next financial year, but has downgraded economic growth forecasts amid a slowing world economy and news that Europe may already…
The Reserve Bank of Australia has cut the official cash interest rate by 25 basis points, from 4.75% to 4.5%, in a move matching most economists’ expectations. It was the first cut since April 2009. Westpac…
The dramatic falls in share prices of Greek debt-laden French banks overnight highlights just how closely tied the current market chaos is to the world’s worsening debt woes. Market crashes like that of…
I have a hunch that the RBA will follow its conventional “neoclassical” models and raise rates this afternoon, even though the economy is locked in “two speed” mode, and the global economy is racked by…
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