Category Archives: Economics and public policy

Northern Territory development, debt and deficit – the long and winding road

The media debate about last Monday’s NT Budget sure could do with some context and perspective.  The Australian’s Amos Aikman was an honourable exception: Everyone could see this mess coming. You can’t have a mining boom, two new gas plants, … Continue reading

Posted in Economics and public policy, Politics - Northern Territory | 2 Comments

Royal Commission guns for those who are “able but not willing”

The Financial Services Royal Commission is in theory a general inquiry into the financial system. In practice, however, something else is on trial: Australian regulatory systems. As I set out in my latest column for The CEO Magazine, many of … Continue reading

Posted in Economics and public policy, Politics - national | 2 Comments

Free digital goods promote wellbeing:SHOCK!!

Using Massive Online Choice Experiments to Measure Changes in Well-being by Erik Brynjolfsson, Felix Eggers, Avinash Gannamaneni – #24514 (EFG PR) Abstract: GDP and derived metrics (e.g., productivity) have been central to understanding economic progress and well-being. In principle, the … Continue reading

Posted in Economics and public policy, Public and Private Goods, Society | Comments Off on Free digital goods promote wellbeing:SHOCK!!

Beauty, Job Tasks, and Wages: A New Conclusion about Employer Taste-Based Discrimination

Beauty, Job Tasks, and Wages: A New Conclusion about Employer Taste-Based Discrimination by Todd R. Stinebrickner, Ralph Stinebrickner, Paul J. Sullivan [I’m sceptical that there’s no discrimination in jobs where beauty doesn’t generate a dividend for the employer, but what … Continue reading

Posted in Economics and public policy | 1 Comment

Age and High-Growth Entrepreneurship

Age and High-Growth Entrepreneurship, by Pierre Azoulay, Benjamin Jones, J. Daniel Kim, Javier Miranda – #24489 (PR) Abstract: Many observers, and many investors, believe that young people are especially likely to produce the most successful new firms. We use administrative … Continue reading

Posted in Economics and public policy, Innovation | Comments Off on Age and High-Growth Entrepreneurship

Why it’s worth stomping on Universal Basic Income

In my latest column for The CEO Magazine I take aim at the idea of universal basic income (UBI). The column uses the insights of the always terrific Peter Whiteford, of the ANU’s Crawford School, and Troppo’s own Don Arthur, … Continue reading

Posted in Best From Elsewhere, Economics and public policy, Politics - national, Social Policy | 19 Comments

Central banking for all: the podcast

As some of you will have noticed, the Greens released today a policy that borrows heavily on my own proposal “Central banking for all: A modest proposal for radical reform” now available in a number of versions, though this is probably one … Continue reading

Posted in Economics and public policy | 1 Comment