The USSR and Barter Economy: How Pepsi Once Became the Sixth Largest Military in the World
In part two of this series, Phil concludes the discussion on the USSR’s exchange rate with a case study on Pepsi, warships, and comparative advantage.
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Is it time for a universal basic income in Australia?
Rachael Leung explores whether it is time for a universal basic income in Australia to stimulate the economy from the harsh effects of COVID-19
Is a Global Minimum Tax Rate On The Cards?
Janet Yellen, US treasury Secretary and former Fed Chairmen, recently proposed a global minimum tax rate applying to all corporations regardless of where they are physically located. Join Ezekiel, as he examines the issue of companies off-shoring to ‘Tax-Havens’, and discusses the economic and political feasibility of moving to a global minimum corporate tax rate.
Applying Nudge Theory to increase health and wellbeing
Richard Thaler received a Nobel Prize for his work on Nudge Theory, demonstrating how small prompts can change our behaviour. So how can the nexus of economics and psychology help us lead healthier lives?
The story of the real Australian economy: Part 4 – The federal budget & the victims of political folly
In Part 4 of ‘the Story of the Real Australian Economy’, Ben looks at the foundations of fiscal policy and the impact of political motivations on the federal budget.
The story of the real Australian economy: Part 3 – The RBA’s toolkit
In Part 3 of ‘The Story of the Real Australian Economy’, Ben looks at monetary policy setting and the dilemma faced by the Reserve Bank of Australia in light of the economy’s structural problems.
Spectre of steel
Elijah discusses how the Zollverein – a customs union and free trade area – played a pivotal role in the economic and political evolution of German-speaking states in the 19th century, eventually leading to the creation of the German Empire.
The Hanseatic League
Elijah takes us to Hamburg and reflects on the city’s heritage as a flourishing centre of the Hanseatic League.
It’s time for a land tax
Sam O’Connor argues that stamp duty should be replaced with a broad-based land tax, to improve the government bottom line and help Australians deal with the rising cost of home ownership.
Balance sheet recessions: another economic fallacy?
Marco Madzzar reflects on a new book by economist Richard Koo and its promise of resolving the economic malaise troubling the developed world.
Pensions: The need for present action to prevent future problems
Retirement seems a long way off for a uni student. But if we don’t reform now, what will your pension look like when you retire? Catherine Paquette explains.
Super leagues not playing on a level field
Why are Australian superannuation fees so high? Kathryn St. John unpacks a question that is more complicated than first appears.