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You get what you pay for: Behavioural economics and the GFC

By · May 20th, 2017

Although there were many causes of the Global Financial Crisis, it is evident that the irrational behaviour of individuals had a huge role to play.

A major behavioural factor that contributed to the GFC was risk-taking behaviour; both by the employees at financial institutions, and by the general public.

This article first appeared in Short Supply 2017 – check out the full magazine via the Short Supply tab at the top of this page!

The Underlying Causes of the ‘Global Financial Crisis’

By · May 20th, 2017

This article first appeared in Short Supply 2017 – check out the full magazine via the Short Supply tab at the top of this page!

Risky business: the free insurance provided to banks

By · May 20th, 2017

It’s often disappointing to see governments bailing out financial institutions. “Let them fail!”, the public cries out. However, is this alternative any better? Moral hazard explores the consequences of banks knowing they can get away scot-free if things go belly up.
This article first appeared in Short Supply 2017 – check out the full magazine via the Short Supply tab at the top of this page!

Uncertain Times, Bad Times

By · May 20th, 2017

This article first appeared in Short Supply 2017 – check out the full magazine via the Short Supply tab at the top of this page!

Check out ESSA TV and Nominal Interest!

By · May 20th, 2017

Check out ESSA TV and Nominal Interest below!

Budget 2017: Housing affordability

By · May 14th, 2017

Housing affordability is the hot-button issue of Australian politics at the moment. Did Scott Morrison’s much-vaunted Budget make it easier for you to buy a house? Bilal Ibrahim explores what you need to know.

Gonski 2.0: Turnbull’s Great Heist

By · May 12th, 2017

The announcement of the Turnbull Government’s intention to commit to a massive increase in funding for Australian schools has upturned Australian politics. Andrew Wong explores the ramifications of ‘Gonski 2.0’.

Immigrants are not stealing your jobs

By · May 12th, 2017

Using economic models, Suvi Lokuge examines immigration policy and attempts to answer the age-old question – do immigrants steal jobs from native workers?

Economics and ‘Plumbing’? Getting back to the basics

By · May 11th, 2017

As economics is turning into an empirical science, what should be the role of an economist, and should economics refocus from ‘philosophy’ to ‘plumbing’? Fredrik Thor investigates.

Budget 2017: ESSA Writers React

By · May 10th, 2017

As Scott Morrison hands out his second budget, ESSA Writers provide their thoughts and reactions.

The Economic Benefits of Marriage Equality

By · May 8th, 2017

It seems that it makes good economic sense to support marriage equality. Jasmine Nguyen discusses its positive impacts on the Australian economy.

Saving the Murray, one incentive at a time

By · May 6th, 2017

In the Murray-Darling Basin, water is valued as both a vital commodity and an ecological necessity. Market-based approaches towards water management have struggled to balance these competing demands, writes Eddie Go.

Do we live in a post-truth world?

By · May 4th, 2017

Society and popular culture portrays honesty as noble and lying as immoral. We claim to hate lying politicians, but at the same time happily vote them into office without hesitation. Andrew Wong explores this paradox.

Hot Air Rising: The erratic state of affairs within Australian climate change politics

By · May 3rd, 2017

Climate change policy in Australia has fluctuated over the past ten years, perhaps at the behest of continuity required to successfully address the problem. Zecheng Han explores why this is the case.

Going Premium

By · April 30th, 2017

Callum Filshie explores how some premium subscription apps are much more worthwhile than others, despite all taking advantage of usage pressure.

Sense over cents

By · April 28th, 2017

We all donate to charity, what impact is our money having?

Why you can’t fix Monash’s parking mess with just more parking

By · April 26th, 2017

Parking at Monash is terrible, but it’s not because the administration hates you. Justin Liu explains why there’s literally nothing anyone can do about it.

Why Australia won’t ‘pivot to China’

By · April 20th, 2017

Charlie Lyons Jones explores why a ‘pivot’ to China is not on the cards for Australia, despite the increasing connections between the two states.

Budget 2017: A Preview

By · April 14th, 2017

With less than a month to go until the May Budget, Nicolas Alexiou looks ahead to the policies likely to be introduced in the Budget, and their potential economic and political implications.

From Plump Lips to Plump Pockets: Kylie Jenner

By · April 13th, 2017

By creating scarcity in the teenage market, the reality TV star has been able to earn millions. Jasmine Nguyen keeps up with Kylie Jenner and explores the frenzy behind Kylie Cosmetics.

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