Deep Dives

Deep Dives

Lessons from the Old Country

As Britain grapples with institutional decay and economic stagnation, Australia must learn from its mistakes—especially in housing, infrastructure, and energy—before we face the same fate.

Deep Dives

China's deflationary spiral

China's economic woes, driven by past stimulus, misguided industrial policies, and excessively tight monetary policy, are pushing the country toward deflation and a Japanification of its economy.

Deep Dives

It's not about the children

The Australian government's proposed ban on social media for children is a misguided attempt to address the perceived harms, and along with the new misinformation bill, will infringe on freedom of expression and privacy while failing to address the real issues.

Deep Dives

Gittins it wrong on inflation

Ross Gittins' recent column misunderstands basic economics, resulting in a confused narrative that oversimplifies inflation, misreads corporate profits, and misinterprets the relationship between industry concentration and competition.

Budget

It's time to end the Future Fund

In an era of rising government debt and structural deficits, Australia's once-promising Future Fund now resembles a costly financial albatross.

Deep Dives

Unpacking Australia's per capita recession

Australia's per capita recession is the inevitable consequence of past policy decisions, where attempts to curb inflation clash with the need for economic stability, leaving households and young people bearing the brunt of a painful economic adjustment.

Deep Dives

Should unions get special privileges?

The CFMEU's recent scandals expose the risks of unchecked union power in Australia, where special privileges can lead to corruption, stifled competition, and costly consequences for the economy.

Deep Dives

There is no next China

Australia's economic outlook hinges on shifting global supply chains and iron ore demand, as China's manufacturing dominance faces challenges from emerging competitors and geopolitical tensions.

Deep Dives

Quotas are always the wrong option

While quotas may seem like an easy fix for Australia's international student influx, a dynamic fee-based system would more efficiently balance demand, distribute benefits equitably, and avoid the perverse incentives of arbitrary caps.

Deep Dives

False prophets, forward guidance, and failed lessons

The RBA's conflicting statements on uncertainty and accountability expose a dangerous pattern of misguided forward guidance and unlearned lessons, threatening its credibility and effectiveness in controlling inflation.

Deep Dives

Kamala's policy-pocalypse

Kamala Harris' recent policy proposals are equivalent to the four horsemen of a policy-pocalypse: nothing but misguided attempts to address economic issues that will fail to achieve their stated goals, leading to unintended consequences.

Deep Dives

Making Australia Great Again

One subsidy at a time.