Aussienomics

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Latest — 19 Dec 2024

The budget update, workers not jobs, the costs of industrial policy, one year of Milei, and the bullish case for hydrogen

The mid-year budget update was depressingly bad; AI won't leave a third of workers unemployable; a Future Made in Australia will politicise the economy; Argentina's remarkable year and what it means for Australia; another look at hydrogen; and the per capita recession may already be over.

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Australia's nuclear option

How the kakistocracy is getting in the way of energy abundance.

A sad economy without much hope

Australia's economy risks stagnation as government spending crowds out the private sector, increasing inflation, slowing productivity, and leaving the nation vulnerable to European-style economic malaise.

Trade War Two, China's supply subsidies, unintended consequences, and the mother of all bubbles

Trump will almost certainly usher in Trade War Two; how China subsidises supply and restricts demand; the Australian Greens reveal yet another awful policy idea; and is the US stock market in the mother of all bubbles?

It's not as bad as you might think

Despite Australia's sluggish economic growth and record-high government spending, a closer look at the data reveals that the situation may not be quite as dire as it seems.

Energy abundance, the price of ethnonationalism, and the dystopian myID

How not to do energy policy; the problems with acknowledgements to country; your ID or your facial data; the costs of land use zoning; and the war in Ukraine may not last much longer.

Parliament's hectic week, a new era in policymaking, and a glimpse into Australia's future

The Albanese government took the guillotine to democracy; Argentina is getting a good old-fashioned dose of microeconomic reform; what Victoria can teach the rest of Australia; prediction markets and the future of forecasting; and trade works in roundabout ways.

Saving the planet could make some of us rich

Transforming Australia into a green manufacturing "superpower" won't automatically generate widespread prosperity, and is more likely to enrich only a select few while imposing broader economic costs on the majority.

Australia's nuclear energy debate

A recent nuclear energy debate highlighted the potential limitations of relying solely on renewables, sparking concerns about the economic viability of Australia's energy transition.

A policy win, Albanese's inflation challenge, and Housing's silver lining

No quotas on international students (good riddance); how people think of money could cost Albanese at the next election; at least Australia's housing market still functions like a market; why Europe stagnates; the not-so Future Fund, trade thoughts, Elon Musk's incentives, and the future of war.