Hand picked selection of economics content from around the web.
This week: Austerity is supposed to reduce debt and stabilise recessions – but has it worked? Also why Australia’s macro policies have been successful, and the case for legalising prostitution.
ESSA, 14 October 2012
The September job figures showed a drop in the unemployment rate. This must be an unambiguously good thing right? Not necessarily… The unemployment rate is calculated as the number of people looking for a job divided by the total size of the labour force (equal to the amount of people with jobs plus those searching for employment).
By Stephen Koukoulas
The word is in from the students – ESSA’s inaugural Q&A was a resounding success. Featuring some of the University’s most famed economists (Max Corden and Neville Norman) and some of the nation’s leading economic commentators (George Megalogenis, Stephen Koukoulas, Stephen Long and James Paterson), it was an event, from my perspective, full of high-spirited discussion and insightful analysis about where Australia is as a country and as a world-leading economy.
Watch it all here!
Amid quips of whinging farmers, painful two-speed bicycle analogies and “slavery” at the IPA, the panel, consisting of James Paterson, W. Max Corden, George Megalogenis, Neville Norman, Stephen Koukoulas and moderator Stephen Long, gave the ESSA Q&A audience quite a few insights into the immigration and two-speed economy debates currently embroiling Australia.
This semester ESSA’s flagship event is a Q&A, where we have invited six illustrious panellists to share their viewpoints and discuss two issues that confront Australia on a nationwide scale: Immigration and the two-speed economy. With the event just around the corner, you might like to know a little more on each of our guests. Read on for a short bio on each of the panellists and discover what unique experiences each of them brings to the discussion.
