Tag Archives: economics

Economists and the media

This Thursday lunchtime, I’ll be chairing an ESA (Qld) seminar on economists and the media, featuring former ABC finance reporter Rebecca Archer, Director of Connect Media Training, and Griffith Economics Professor Fabrizio Carmignani, a frequent media commentator and contributor to … Continue reading

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LSE’s Stephen Machin to deliver public policy evaluation Winter school at O’Reilly’s, Gold Coast

Economists will often caution that correlation does not necessarily imply causation, or that causation may not run the way you expect. So, for example, the negative correlation between educational attainment and crime, that more educated people are less likely to … Continue reading

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Zombie electricity utilities – upcoming presentation by Professor Manuel Pinho to ESA Qld

The latest issue of The Economist features an excellent article (Wind and solar power are disrupting electricity systems) describing the challenges of integrating renewable energy into electricity systems. It is a timely article, given there is an extensive debate in … Continue reading

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Upcoming ESA Qld event: How economics improved the world in 2016

2016 has not been a good year for economics. Brexit and the US Presidential election result both implied a rejection of free trade and free markets by large numbers of people in the UK and US. Economists have learned that … Continue reading

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Better Living through Economics – upcoming presentation at UQ

Economists have made immense contributions to people’s wellbeing over the last fifty years. An Australian example that comes to mind is the instrumental role economists played in advocating for and designing microeconomic reforms, including tariff reductions, privatisations and the deregulation … Continue reading

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Recommended reading: Empire of Things

In 2015-16, Australian households consumed $929 billion of goods and services. Consumption is central to our economy. In the Great Depression, John Maynard Keynes exhorted Britain’s “patriotic housewives” to spend money at the sales, lest they put a man out … Continue reading

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Governments find a gentle nudge can get results

Australians should be prepared for more nudges from government agencies encouraging us to do the right thing, similar to recent examples such as letters from the ATO urging us to pay our taxes to support our way of life, and … Continue reading

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