Tag Archives: australia

Entrepreneurship with Prof. Peter G. Klein – latest Economics Explained episode

My latest Economics Explained episode on entrepreneurship featuring Professor Peter G. Klein of Baylor University is now available. Many universities now offer courses in entrepreneurship, as students have been inspired by tech entrepreneurs such as Elon Musk and Mark Zuckerberg. … Continue reading

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Queensland 2020 Outlook: Hot or Not? Upcoming event at the Brisbane Club on 18 February

Thanks to Ross Elliot from APP Property and Infrastructure Specialists for inviting me once again to present on Queensland’s economic outlook at the 2020 Hot or Not event at the Brisbane Club on Tuesday, 18 February. You can register for … Continue reading

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Cannabis with Dr Stephen Thornton – latest Economics Explained episode

Several jurisdictions around the world, such as the US states of California and Colorado, have legalised cannabis, also known as marijuana. In Australia, the Australian Capital Territory will become the first Australian jurisdiction to legalise recreational cannabis use on the … Continue reading

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China’s demographic future could be even worse than currently projected

China is a major influence on the Queensland economy given the large value of our coal exports, so we should be paying close attention to how China’s poor demographics will affect its future economic growth. China’s unbalanced population, with lots … Continue reading

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Dan Mitchell interviewed on Economics Explained regarding government spending & economic growth

Last week, I interviewed prominent US economist and commentator Dan Mitchell regarding government spending and economic growth for the latest episode of my Economics Explained podcast. Dan is co-founder of the Center for Freedom and Prosperity, and he is a … Continue reading

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Australia’s (and Qld’s) climate change policy predicament

Yesterday, the Financial Times published a blistering op-ed by its Chief Foreign Affairs Commentator Gideon Rachman: Australia is no longer the lucky country (NB pay-walled). It is one of the best summaries of Australia’s current predicament over climate change I’ve … Continue reading

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Global population trends on Economics Explained podcast

There are currently around 7.7 billion people in the world. The UN is projecting global population will increase to 9.7 billion by 2050 and to nearly 11 billion by 2100. Obviously, this projected growth raises a range of economic, social, … Continue reading

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Big economic issues for the 2020s

In my latest Economics Explained episode Big economic issues for the 2020s, I discuss the major economic issues I’ve been thinking about lately: the secular stagnation hypothesis, digital disruption and surveillance capitalism, and climate change. Use these timestamps to jump … Continue reading

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Higher long-term unemployment a marker of Qld’s under-performance relative to rest of Australia

In its 2019-20 Mid-Year Fiscal and Economic Review released in mid-December, the Queensland Government revised down the state economic outlook, with economic growth revised to 2.5%, down from 3%, and the unemployment rate revised upwards to 6.25% from 6% for … Continue reading

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Qld private sector spending has been falling while government has continued to grow

In Queensland, our over-reliance on the public sector continues, according to the September quarter National Accounts figures from the ABS, which have reinforced concerns about the strength of the national economy and various state economies, including Queensland’s. The National Accounts … Continue reading

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