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The former leader of the Liberal party, John Hewson, has recently made several bold claims in the Australian media about the centrality of the economics profession, arguing that “we need economists more than ever to understand the world.” He argues that his economist colleagues are...
The global focus on US President Donald Trump has largely been on his inflammatory rhetoric and relative inexperience. A less substantive body of commentary has considered his policy platform, including his economic policies.
Trump is not the first to identify increased infrastructure as a...
Self examines the basic criteria of welfare economics and argues thal there is no necessary disrepancy between economic and social goals.
This 1993 report, widely known as the 'Hilmer report', prompted Australia's landmark microeconomic reform program.
A key principle of the program was that competitive markets will generally best serve the interests of consumers and the wider community.
Spanning 1995-2005 the National...
This article offers brief comments on the key recommendations of the Industry Commission report of 1993 which focused on impediments to regional development in Australia.
In 1993, the (then) Industry Commission reported on impediments to regional adjustment of industry, and on ways of facilitating the efficient movement of people and businesses within and between regions.
Over the years, regional policy have proved to be the Commonwealth's most misguided policy endeavours. This paper defines the 'regional problem', the concept of 'balanced development' and traces key government reports to explore the uncertainty and complexity of the regional policy environment from the Commonwealth...
The profile of the Australian population is ageing. That is to say, the proportion of the population aged 65 years and over is rising and is projected to rise further over the next fifty years. Demographers say the group aged 65+ is likely to increase...
Public policy in Australia underwent a major change during the last quarter of the 20th century. From the Whitlam Government to the Howard Government public policy has sought to modernise Australian society and its economy. This Research Note is the first in a series that...