Firms should attempt to maximise profits, but if shareholders want it, there's no reason why they can't have other goals.
Yo-yoing lockdowns are costly and to be avoided if at all possible. Here is what we can do to dramatically improve testing and tracing.
Most recessions are caused by an overreaction to too much inflation. This one is because we are not spending.
The AMP saga, and new research, shows the power of 'shareholder voice'.
The Reserve Bank Australia has exhausted the limits of monetary policy, There's no magic pudding, says governor Philip Lowe.
Australia's higher education sector needs significant reform to remove the perverse incentives that have made universities dependent on revenue from international students.
Employers have long feared that working from home makes employees less productive. An analysis of 3 million workers in 16 cities during lockdowns suggests the opposite.
The evidence is in and the answer is clear. We must try and eliminate COVID-19 for the health and economic benefit of Australians of all ages.
Economics tells us that governments privatising services where quality counts is a bad idea.
Research suggests the coronavirus pandemic's greatest impact is due to people changing their behaviour voluntarily. So we may be overestimating the costs of government restrictions.