Economics

Iraq War protestors

We judge the competency of politicians by what they say and do. This creates perverse incentives for even competent politicians to refuse to admit mistakes.

An adult penguin among many penguin chicks

This recession is not like any other in living memory. Phase one involved a massive supply shock, phase two will involve dealing with a collapse in demand.

People crossing in Sydney CBD

The government must reform six key areas to kickstart the post-coronavirus economic recovery, says UNSW Business School's Richard Holden.

Trade unions

Can the PM take a leaf from Bill Kelty’s book on industrial relations reform and bring the trade union movement together through social solidarity?

many tv screens offering multiple choices

Competition in the marketplace for ideas is different to competition in the market for ordinary goods and services. Bad ideas don't necessarily get trashed.

Tim Harcourt

Any boycott of Australian goods would be harmful to Chinese consumers, says JW Nevile Fellow in Economics Tim Harcourt.

Uluru

We will trade, but take more account of our interests than before, and we will trust government more.

Abattoir

Trade boycotts do not usually work and will come at a great cost to the country imposing the ban, says international trade expert Tim Harcourt.

Opera House lockdown

We've prevented many deaths, many of them at the cost of other deaths. The accounting ought to be made clear.

Businesses like Virgin Australia have offered a number of incentives for customers, in an attempt to speed up the vaccine rollout in Australia. Photo: Shutterstock

While a second airline is valuable to provide competition for Qantas, a government bailout of Virgin is not desirable. 

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