Short Supply

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The Economics of Beauty and Discrimination

Suvi Lokuge investigates whether it pays to be pretty.

This article first appeared in Short Supply 2016 – check out the full magazine via the Short Supply tab at the top of this page!

Arthur Cecil Pigou: externalities and the answer to climate change

Prices contain an immeasurable amount of information. They are the sum of an entire population’s private preferences and an indispensable signal to achieve an efficient allocation of resources. But what about the information they don’t include? Taylor Nugent examines the work of Author Pigou on externalities, and concludes that his eponymous tax is the best way to make prices reflect the costs of climate change.

This article first appeared in Short Supply 2016 – check out the full magazine via the Short Supply tab at the top of this page!

Rethinking the Rationality paradigm…

Rationality is often assumed, yet far from perfect. The question remains, does rationality still have a place in modern economic thought? Hugh Oliver discusses.

This article first appeared in Short Supply 2016 – check out the full magazine via the Short Supply tab at the top of this page!

The ‘Creative Destruction’ of Capitalism

Joseph Schumpeter reluctantly offers a stark account of the future of capitalism. Alarmingly, Schumpeter’s thesis is looking increasingly accurate.

This article first appeared in Short Supply 2016 – check out the full magazine via the Short Supply tab at the top of this page!

The Swedish Brains Behind the Welfare State

Few places in the world have managed to maintain strong economies with high tax rates and welfare spending. Eddie Go delves into the Swedish origins of the unique Scandinavian model.

This article first appeared in Short Supply 2016 – check out the full magazine via the Short Supply tab at the top of this page!

Tearing Down The White Picket Fence

If Australians are to continue to have stability and prosperity, we must do away with the damaging dream of the ‘white picket fence.’

This article first appeared in Short Supply 2015 – check out the full magazine via the Short Supply tab at the top of this page!

The More Things Change…

Australian industry has experienced a wealth of changes due to accelerating globalisation in the late 20th century. Dr George Raitt explores the effects that the changes have had on competition law, particularly in reference to the beer brewing industry.

This article first appeared in Short Supply 2015 – check out the full magazine via the Short Supply tab at the top of this page!

Where Will Our Economy be in 10 Years?

Alex plays fortune teller and forecasts Australia’s economic situation over the next decade.

This article first appeared in Short Supply 2015 – check out the full magazine via the Short Supply tab at the top of this page!

Why Free Trade?

A Game theory analysis of the Trans-Pacific Partnership.

This article first appeared in Short Supply 2015 – check out the full magazine via the Short Supply tab at the top of this page!