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The economics of self driving cars

Self-driving cars are becoming more and more prevalent, with experts boasting of their advantages compared to regular vehicles. But what effect will this rise of automation have on the economy? Nicolas Alexiou explains.

To greener pastures?

As Australia enters into new free trade agreements, Charlie Mei discusses the implications and the compensation needed for the workers left behind.

A Game of ‘Productivity’

G.R.R. Martin’s fictional universe in A Game of Thrones evokes a number of economic phenomena found in many modern day economies. Specifically, the Seven Kingdoms (regions south of ‘The Wall’) is characterised by a dual economy, significant urban-rural wage differentials, widespread poverty and unemployment, underdeveloped infrastructure, low national savings, high debt, civil war and fiscal irresponsibility.

Collectively, these characteristics mirror many of the factors that constrain economic growth and productivity in contemporary developing economies.

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