inflation

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PART 3. Modern Monetary Theory

Inflation is the largest motivator of controversy over Modern Monetary Theory. Is MMT really all about spending freely? Join Felix in MMT’s response to these critiques.

PART 1. Modern Monetary Theory

Can governments just print money? Do we need taxation to fund government expenditure? Join Felix as he explores these questions with Modern Monetary Theory.

Inflation: A global crisis on the horizon?

New inflation data from the US has induced fears that the world is teetering on the brink of a global recession. Join Labib Mashrur as he explores why prices are rising and how it affects us all.

A vacuum cleaner moving over wooden floors on which green cash is spread

Inflation fear is an inflated fear

Australia’s inflation rate has reached an all-time high since the GFC but what does this mean for the Australian public? Anna McBride explores inflation’s relationship with two areas of consumer interest – wages and interest rates – to determine whether its increase should worry us.

The economics behind the ‘living wage’ debate

Australia has joined the global political trend towards greater wage regulation, with a recent campaign from the ACTU calling for a ‘living wage’. However, examining the predicted effects of such a change would reveal it to be based on misguided beliefs. Conor Yung explains.

Venezuela: an economic tragedy

Venezuela was once an economic powerhouse and socialist paradise driven by immense oil wealth. Now, it’s on the brink of complete collapse, with protests on the streets and a government in turmoil. What happened?

Shadow labour

Chandan Hegde offers his insight on what shadow labour is and its growing prevalence.