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Recent Posts
- What is the fiscal impulse from the Australian Budget?
- Qld economic outlook talk at Phil Di Bella’s Coffee Commune this Friday 19 May
- Size and structure of the Qld economy: today vs 1939-40 using Colin Clark’s estimates
- White Elephant Stampede – podcast chat w/ Scott Prasser
- Regional economic divergence – podcast chat w/ Rob Sobyra, Construction Skills Qld
Top Posts & Pages
- Heat map of Brisbane metro property prices – big opportunities in the Western corridor?
- Fake privatisation of Titles Registry helping Qld Gov’t pretend it has debt management plan
- Qld the fastest growing state with Southerners flocking here: 41k net migration gain in 12 months to Sep-21
- Qld Audit Office gives scathing assessment of Government procurement
- Just what are the aliens supposed to be looking for in Maryborough?
- Qld Treasury right that paying down State debt is a huge challenge
- BCC should consider economic consequences of townhouse ban
- Queensland leads Australia on obesity
- Qld hospitality sector has had stronger recovery than NSW and Victorian sectors
- Unsurprising Townsville running out of water when Council is charging so little for it
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Blogroll
Tag Archives: innovation
Thriving, a new book by Wayne Visser, Cambridge pracademic and sustainability expert – my latest podcast episode
Wayne Visser, of the Cambridge Institute for Sustainability Leadership and Antwerp Management School, has written a thoughtful and informative new book Thriving: The Breakthrough Movement to Regenerate Nature, Society, and the Economy. Wayne is reassuringly optimistic about the future of … Continue reading
Posted in Environment, Macroeconomy
Tagged australia, business, carbonprice, climatechange, coal, deforestation, disruption, ecology, economics, environment, externalities, innovation, nature, queensland, sustainability
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Not quite the Smart State
The business R&D estimates published by the ABS last Friday reminded me of the limited economic impact of successive Queensland Government initiatives such as the Smart State and Advance Queensland, although there have been some successes such as the Biosciences … Continue reading
Posted in Industry policy
Tagged abs, berd, innovation, nsw, qld, queensland, r&d, victoria
2 Comments
Evolutionary Economics with Brendan Markey-Towler
Harvard Economics Professor Joseph Schumpeter (1883-1950) was arguably the most perceptive and prophetic economist of all time. Schumpeter wrote about the importance of the entrepreneur for innovation and so-called “creative destruction” in capitalism, but he also recognised the inexorable tendency … Continue reading
Matt Ridley’s How Innovation Works is recommended reading
This weekend I finished reading Matt Ridley’s excellent How Innovation Works, which makes a compelling case in favour of leaving innovation largely to the free market, rather than having it guided and supported by government. Ridley is a great storyteller … Continue reading
Posted in Uncategorized
Tagged airship, australia, bhp, corrugatediron, dingoes, dogs, innovation, intellectualproperty, ip, melbourne, r101, regulation, uk
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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
Posted in Industry policy, Macroeconomy, Tax, Uncategorized
Tagged austin, australia, creativedestruction, economicgrowth, entrepreneur, entrepreneurship, innovation, siliconvalley, usa
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Innovation + Equality with Dr Andrew Leigh MP – latest Economics Explained episode
In my latest Economics Explained episode, I interview Dr Andrew Leigh MP, the Shadow Assistant Minister for Treasury, about his excellent new book with co-author Professor Joshua Gans Innovation + Equality: How to Create a Future that is More Star … Continue reading
Posted in Uncategorized
Tagged ai, automation, childcare, digitaldisruption, eitc, employment, equality, inequality, innovation, jobs, robottax, teachereffectiveness, teacherquality, ubi, universalbasicincome
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Podcast highlights – Quiggin on climate change, Gruen on digital public goods, and others
My latest Economics Explained episode presents highlights from the podcast in 2019, including UQ’s John Quiggin on climate change, Lateral Economics’s Nicholas Gruen on digital public goods, and RMIT’s Leonora Risse (currently a fellow at the Harvard Kennedy School) on … Continue reading
Posted in Climate change, Industry policy, Uncategorized
Tagged behavioraleconomics, climatechange, costbenefitanalysis, economicdevelopment, facebook, genderpaygap, gigeconomy, google, innovation, Media, nobelprize, personalfinance, publicgoods, randomizedcontrolledtrials, taxavoidance, uber, upwork
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John Quiggin’s Economics in Two Lessons – podcast interview
Earlier this week, I was fortunate to interview Professor John Quiggin regarding his book Economics in Two Lessons: Why Markets Work So Well, and Why They Can Fail So Badly. You can listen to the interview via Simplecast and major podcast … Continue reading
Posted in Uncategorized
Tagged blackswans, climatechange, coasetheorem, economics, innovation, opportunitycost, ubi, universalbasicincome
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Innovation & digital public goods with Dr Nicholas Gruen – latest Economics Explained episode
The latest episode of my Economics Explained podcast, featuring renowned Australian economist, entrepreneur, and angel investor Dr Nicholas Gruen, is now available via Simplecast and major podcast apps. I had a very enjoyable conversation with Nicholas regarding his views on … Continue reading
UQ student’s Treasury prize winning essay highlights benefits of competition & free trade
The Australian Treasury yesterday announced the winner of its inaugural essay competition, and the award went to University of Queensland Economics student Elizabeth Baldwin, who incidentally also won the RBA/Economic Society of Australia essay prize last year. The essay question … Continue reading
Posted in Productivity, Trade, Uncategorized
Tagged diffusion, innovation, knowledge, productivity, r&d, rba, technology, trade, treasury, uq, uqeconomics
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Queensland Economy Watch 