Holding Pattern

Labor’s current national platform provides: “Labor will deliver sound public finances by adhering to a fiscal strategy that achieves a balanced budget on average over the economic cycle… Achieving a balanced budget is not an end in itself, but it is an appropriate medium-term objective, as part of sound fiscal policy and economic management which […]

In 2013 French economist Thomas Piketty’s book ‘Capital in the Twenty-First Century’ was released and became a best seller. On May 18, 2014, the English edition reached number one on The New York Times Best Seller list for best selling hardcover nonfiction and became the greatest sales success ever of academic publisher Harvard University Press. As of […]

Si pensaste que la ventaja que tiene China en la fabricación es por causa de la manipulación de su tasa de cambio o por el robo de tecnología extranjera, hay que ver la película ‘American Factory’. Sea cual sea la importancia de un yuan bajo, o el robo de tecnología, en la dominación china de […]

Prior to the CVP Australia’s economy was already afflicted by significant economic problems including the following: Stagnant real wage growth and high incidence of insecure employment; Falling investment and stagnant economic growth; Increasing economic inequality; Increasing gender inequality– Over the last 12 years, Australia has fallen from a rank of 15th to 44th on the […]