"Public opinion is the work of men like ourselves". So said Austrian economist Friedrich Hayek, addressing the 1947 inaugural meeting of the Mont Pelerin Society, the organization he founded to...
By Jane Goodall
Stephanie Kelton: Throwing economic orthodoxies on their heads
What’s the next crisis going to be? The question is being asked with a mixture of wry cynicism and genuine alarm. Will we see it coming? Failure to do so means failure to act in time and lost...
Meeting Ann Pettifor, the girl who told the emperor he had no clothes
As we move out of the crisis phase of the COVID pandemic, tensions rise over the termination of the Federal Government’s $259 billion stimulus package. The announcement on 22 May of a massive...
Universal basic income: Free money or economic stimulus?
Just before the NSW lockdown came fully into operation in March, we visited a nearby village that is a favourite weekend destination. Many of the stores and cafes were already closed, but there was...
A ‘magic money tree’ Mr Treasurer?
In his May 12 ministerial statement on the economy, Josh Frydenberg gave a summary of the impact of the coronavirus crisis on Australian citizens. He spoke of the tragic loss of life, the stress on...