Justin Pyvis
Justin has a PhD in Economics and over 20 years of experience in applied economic, policy and investment analysis with the WA Treasury and AECOM in Perth, and Aletheia Capital in Hong Kong. He writes Aussienomics in between freelance gigs and work on a book covering the policies that create the conditions for prosperity.
2024
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.
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.
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.
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.
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.
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.
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.
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.
It's probably too late in the cycle to hike rates any further when what's desperately needed is tax, spending and regulatory reform.
Despite its proximity to the US and abundant natural resources, Canada's economy is hampered by inter-provincial trade barriers, powerful domestic cartels, and declining productivity, leaving it vulnerable to global trade tensions.