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A progressive agenda for tackling Australia’s productivity crisis
Cutting working conditions won’t get us out of the current malaise, writes Andrew Leigh.
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Weather, sharks and the world economy: the luck of the political cycle
When America sneezes, Australian state governments catch a cold. And when the weather turns bad, guess who’s held responsible?
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Insights into behavioural economics
It’s the love child of economics and psychology – behavioural economics. It tries to explain people’s rational, or better irrational, behaviour when it comes to financial decision-making and consumption patterns. On Big Ideas, two experts outline the main lessons of behavioural economics and discuss the ways that it has affected policymaking in Australia. Could it...
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The upsides of the buyback
John Howard’s gun buyback scheme had more than one benefit Did the buyback save lives? As someone with a connection to two of Australia’s worst gun massacres, I’ve always been interested in finding out. But the public debate seemed frustratingly simplistic. Some anti-gun campaigners described firearms owners as “gun nuts,” and seemed to have difficulty...
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The remarkable persistence of power and privilege
A new study finds social status rippling across the centuries IF YOU WANT to know who made up Australia’s elite in the nineteenth century, a useful place to look is the Australian Dictionary of Biography. In its many volumes, you’ll find business leaders, scientists, media barons and politicians who have featured among the upper echelons...