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First auction, first success?

Missed Australia’s first emission reductions auction? Unsure of what it means? Kim Liu looks at the price and quantity outcomes of our leading climate policy program.

Lessons of congestion from the Goldman Sachs

A recent Business Insider article detailed how the Goldman Sachs managed to solve the long tolerated issue of lunchtime cafeteria crowding (unrelated humour-plenty Goldman Sachs video).  The analysts at the Goldman Sachs had identified that during the typical midday hunger-period of 11:30am to 1:30pm, the cafeteria was crowded, lines for food collection were long and stagnant, and for the average Goldmanite this was an inefficient use of their time.

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ESC Water Pricing Decision

The Essential Services Commission released their draft report on Melbourne’s water pricing situation; ESSA was there to bring you the latest from their investigation.

So what is economics?

A piece inspired by my friends, family, colleagues and acquaintances who have yet discovered their appreciation for economics.