Home ownership is a quintessential part of the Australian Dream. Yet for decades that dream has been in decline and may soon be out of reach for Australia’s young people. Join Nate as he explores the extent of this problem and why solving it is so complicated.
Join Diego as he delves into the economic inequality, leaving us with some insightful recommendations.
There’s a lot to be learned about economics beyond lecture halls, journals and the news. Books can provide a holistic, sometimes radically different, perspective on the role of economics. What can we learn from these books? With our new weekly book review, ESSA intends to find out. This time, read on for our review of: The Captured Economy
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?
Discussing tax is never popular. Discussing the most unpopular tax? Politically foolhardy. However, with inequality on an upwards trend, it’s time we drop the politics and consider the economic merits of implementing an inheritance tax, writes Solomon Zhang.
‘The land of free’, ‘the home of the brave’ and a country facing some the highest rates of poverty and inequality of any OECD nation. Harry Murphy Cruise explores how income inequality has influenced the voting behaviour of many Americans
Inspired by last semester’s encounter with Engel’s Law, Daniel Tan posits an unsettling conjecture about income inequality and the future of consumption growth
Emily Vuong explores the use of the Multidimensional Poverty Index (MPI) as the latest measure of extreme economic inequality. Can it finally replace GDP per capita?
Has the American Dream really ceased to be a reality? Yannis Goutzamanis critically considers whether there have been changes to the socio-economic mobility in the United States in the recent decades.
Professor Stephen King brings to the fore the story of decreasing global income inequality, often receiving less attention in comparison to the fierce debate about in-country income inequality.
Why would you raise the minimum wage? Chandan Hegde weighs in on the economic dilemma playing out in the U.S.
This first instalment in Alice He’s series enlightens readers on a system of geographical division and hence inequality that exists in China today.