Australia needs a full-time, focussed competition watchdog that applies the law using state-of-the-art economics, understanding the ambiguities and subtleties of market interactions, writes Professor Stephen King.
Professor Stephen King lays down evidence which suggests the 2014 federal budget was a series of moves to protect the Baby Boomers, by reducing the entitlements of the younger generations.
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.
Professor Stephen King explains and evaluates the ACCC’s efforts in restricting the extent of fuel discounts offered by Woolworth and Coles shopper dockets. Should ACCC go further?
“You don’t get nuthin for nuthin.” Professor Stephen King discusses the illusion and the reality of cross-subsidies, and who really bears the costs of the postal service, the gas reservation scheme and the NBN.
As we enter a new university year, it is worth considering a simple question.
Who studies economics?
Professor Stephen King questions the government’s investment in Australia Post in light of the NBN’s impact on the standard letter.
Today I want to talk about superannuation.
No! No! Don’t stop reading.
Seriously, this is important.
Yes, I know that many readers of this site are below thirty, so that an article on superannuation has about as much appeal as a discussing aged accommodation and colonoscopies.
But it is not your superannuation I want to talk about. It is your parents’.
The 2008 global financial crisis (GFC) developed over a long period of time. It included a housing bubble in the United States and then a slow squeeze in liquidity that brought down banks around the world. Europe and the USA, in particular, are still suffering from the crisis.
Past experience has shown that policy solutions to address externalities are most effective when the problem is local. So what are the chances of an effective inter-governmental solution to global warming?
The recognition that there is no such thing as a ‘sustainable mining boom’ came too late for Australian policymakers, who bet fiscal policy on a mining Golden Age.