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The USSR and Barter Economy: How Pepsi Once Became the Sixth Largest Military in the World
In part two of this series, Phil concludes the discussion on the USSR’s exchange rate with a case study on Pepsi, warships, and comparative advantage.
A Very Brief History of the USSR’s Economy and the Value of the Ruble
The first article in a two-part series, Phil outlines the economy of the USSR in its early years, examining why the value of the ruble was worthless as international currency.
Pace and Space: Is the NBA ready for expansion?
Recent decisions by the NBA have hinted that league expansion is on the horizon. Using the COVID-impacted 2021-22 season as a basis of analysis, Mason explores the feasibility of this prospect and whether it would do more harm for the league than good.
Inflation: A global crisis on the horizon?
New inflation data from the US has induced fears that the world is teetering on the brink of a global recession. Join Labib Mashrur as he explores why prices are rising and how it affects us all.
Vision 2045: Shaping Vietnam’s future economy through innovation – Part I
Vietnam is one of the fastest developing economies in the world. Join Olivia on this 3-part series as she explores the idea of the ‘innovation ecosystem’ that lies behind the country’s success.
Supply and Demand in Fast Fashion
Using supply and demand analysis, Rachael Leung analyses how consumers have perpetuated the harmful industry of fast fashion.
Is there a relationship between trust and economic growth?
The level of trust in an economy isn’t the first thing that comes to mind when analysing economic growth. In this article, Nicholas examines how its significance is often underestimated, and explores the role that trust can play in facilitating higher workforce productivity and economic growth.
Once upon a time in Babylon
Law and order are a common feature of everyday existence. But how did it come to be this way? Join Domenic as he ventures to Babylon and uncovers the very beginnings of law in the world.
The Market for Beauty
Aristotle is quoted as saying: “Personal beauty is a greater recommendation than any letter of reference.” Perhaps he was waxing poetic about the soul, or perhaps he was foreseeing beauty-based discrimination in the labour market. Joel Lee explores the phenomenon of beauty premiums in the workplace and how economics can help us resolve it.
To scoot or to boot – Are e-scooters here to stay ?
E-scooters have been gaining popularity since their recent launch in Melbourne, with one visible at nearly every street corner. Join Daniel and Thanh as they collaborate to explore the good, the bad, and the ugly of this new trend.
The impact of COVID-19 on ESG investing
Covid-19 has changed every aspect of our daily lives. Has it also changed the way investors make decisions? Join Thanh and Olivia as they collaborate to explore how the pandemic has affected ESG investing.
The new Silk Road: Cementing Beijing’s global influence
China’s Belt and Road Initiative has spread all over the world. Is it a generous development scheme for countries that the West has left behind? Or is it a threat to the independence of developing states? Join Wes as he discusses the initiative and Beijing’s motivations behind it.
The case for increasing Australia’s humanitarian intake
The war in Ukraine has brought the global refugee crisis to the forefront of people’s minds. Join Daniel as he makes the case to increase Australia’s humanitarian intake.
Happynomics
The connection between traditional economics indicators and human welfare is not always concrete. Joel Lee explores happiness economics, which seeks to find a much stronger relationship between the two.
Avoiding the disasters of disaster management – Part II
Australia has faced many natural disasters in recent memory. Join Alexander on this two part journey as he explores why state and federal governments should diminish disaster risk, ensure insurance, and cheer cooperation to produce
better outcomes for communities impacted by natural disasters.
Australia’s Prison Privitisation Project
Australia is home to the largest proportion of private prisons in the world. In this article, Anna explores the claims and outcomes of Australia’s prison privatisation project in order to uncover concerning truths.
Avoiding the disasters of disaster management – Part I
Australia has faced many natural disasters in recent memory. Join Alexander on this two part journey as he explores why state and federal governments should diminish disaster risk, ensure insurance, and cheer cooperation to produce better outcomes for communities impacted by natural disasters.
Non-fungible Tokens: Just a fad or here to stay?
NFTs have been receiving a lot of hype recently. Join Labib Mashrur as he discusses the concept of fungibility and some of the practical applications of NFTs.
Is it time for a universal basic income in Australia?
Rachael Leung explores whether it is time for a universal basic income in Australia to stimulate the economy from the harsh effects of COVID-19
Fuel to the fire: The economics (and politics) of petroleum
Fuel prices have been at the forefront of economic and policy discussion in recent days. How is that prices can shoot up practically overnight, but take months to recover? What can economic principles tell us about the petroleum industry? And what are the political implications? Join Max as he answers all of these questions in his latest article.