World
A half-hearted defence of the pharmaceutical industry
Exorbitant drug pricing by Big Pharma is often viewed as exploitative and unfair to those who don’t have the support of insurance or government subsidies. Justin Liu sort-of explains why it might be a necessary evil.
Do sanctions work?
Amy Pereira investigates whether economic sanctions are effective, or just the foreign policy equivalent of the naughty corner.
Venezuela: an economic tragedy
Venezuela was once an economic powerhouse and socialist paradise driven by immense oil wealth. Now, it’s on the brink of complete collapse, with protests on the streets and a government in turmoil. What happened?
A clash between ethics and the market: price gouging and Hurricane Harvey
Hurricane Harvey has wreaked havoc across the Southern United States, causing severe flooding and breakdowns in all sorts of essential infrastructure such as transport and communication. At some point, there seems to have been an erosion of the unwritten rules that form our social norms, and at the surface, it can appear that there are profiteers seeking to make a quick buck out of the desperate – price gouging.
The mayhem and dysfunction of India’s cash-free experiment
When India removed 86% of its cash from circulation in 2016, the intention was to disrupt organised crime and move the country into the digital age. Instead, chaos spread across the nation, highlighting the danger of taking shortcuts to economic and social progress. Nick explores.
Uber’s driverless cars: the road ahead
Neala Guo explores the driverless cars that might take you to and from work in the not too distant future — and the rocky road ahead for anyone involved in the car industry.
The fight against cyber attacks
With the prevalence and costs of cyber attacks rising in recent years, corporations and governments are now taking stronger action and issuing stern warnings to cyber criminals.
How do you solve a problem like inequality?
Income inequality has become a hot-button issue in recent years. Statistics demonstrate that Australia and most of the rest of the world are becoming more unequal? But how did we get to this point? How does this affect the economy? And what is to be done about it?
The Fall of the Trump Travel Ban
After the block of both Trump travel bans, abuse of executive powers is at the forefront of American political discourse. Laura Waring outlines how the Administration tried and failed to ban a substantial portion of the Muslim world from being able to travel to the United States.
Do we live in a post-truth world?
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.
Sense over cents
We all donate to charity, what impact is our money having?
Why Australia won’t ‘pivot to China’
Charlie Lyons Jones explores why a ‘pivot’ to China is not on the cards for Australia, despite the increasing connections between the two states.
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