Australia's independent, ad-free and non-partisan home for economic analysis.

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Jul
26
Friday Fodder (28/24)

Friday Fodder (28/24)

The Olympics are here, but are they worth it; it's time to stop flogging the greedflation horse; why real wages haven't risen; the future of AI; nuclear is back everywhere except Australia; and an accidental experiment in geoengineering.
10 min read
Jul
24
Joe Biden and Barrack Obama getting ice cream, 2008.

Don't bet against betting markets

Betting markets may lean towards Trump over Harris, but the considerable uncertainty priced in reflects a fluid race - and one whose result could reshape the geopolitical landscape for Australia and its neighbours.
11 min read
Jul
22
Where's the efficiency?

Where's the efficiency?

As low-productivity sectors like health care rapidly expand, Australia faces a pressing need to boost productivity in other areas to maintain economic growth and living standards.
11 min read
Jul
19
Lady walking past Hong Kong departure gates.

Friday Fodder (27/24)

Did we ever really have neoliberalism; inflation is in a sticky spot; Hong Kong is just another mainland city; where are the female managers; Biden will not win another term; and it's not too late for nuclear.
8 min read
Jul
17
A cartoon of a boomer retiree riding a surfboard on a wave of money, with migrants in the background working and studying.

Migrants aren't causing inflation

Inflation is caused by fiscal and monetary policy, not by migrants or other supply shocks, which can only temporarily affect measured inflation by altering relative prices in the economy.
9 min read
Jul
15
A sensible nuclear policy is in the nation's interest

A sensible nuclear policy is in the nation's interest

Australia's nuclear energy debate highlights the need for a sensible, economically sound approach to carbon reduction that considers all options, rather than politically-driven policies that may prove inefficient and costly.
11 min read
Jul
12
Lobbyists feasting at the trough of a Future Made in Australia.

Friday Fodder (26/24)

A Future Made in Australia is a lobbyist's wet dream; social media age limits are based on junk science; we're not as wealthy as we think; inefficiency in Japan; zoning reform isn't enough to fix the housing crisis; and why the UK's most distorted election in history is a win for democracy.
7 min read
Jul
10
Should we be more like Denmark?

Should we be more like Denmark?

There's a lot to like about Denmark's approach to mortgages, but transplanting it to Australia may not be optimal given our existing regulatory framework and housing policies.
9 min read
Jul
08
The main square and facade of Karl-Marx-Hof.

Vienna's secret housing sauce

While Vienna's social housing model is often praised as a solution to housing affordability issues, its applicability to Australia is questionable due to differences in our institutions, as well as potential drawbacks in the Viennese system itself.
8 min read
Jul
05
Biden stumbling during the first debate with Trump.

Friday Fodder (25/24)

Is an incapacitated Joe Biden still better than the alternative; why politicians lying to people can be dangerous; the diminishing returns to AI (implications for investors); gig workers meet unintended consequences; and Fahrenheit 451 down under.
11 min read