On Thursday the 19th of September the University of Melbourne hosted the inaugural John Freebairn lecture titled ‘Governing the ungovernable: the market, technology and you’, presented by Professor Stephen King from Monash University. I had the opportunity to attend what was an insightful lecture about how the growing complexity, pace of change and use of technology has brought about a conundrum for market regulators. Stephen King’s speech was broken up into three parts: how regulation has adapted in the context of new technology, how some of the old rules will need remaking as technology has changed many business models, and finally regulating big data and the information revolution. This article will provide a recap of the lecture for those who could not attend the event.
Professor Stephen King explains why state income taxes is an idea whose ‘time has come’.
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.