Economic Reform Australia Blog

Solar energy investment is booming

Solar energy investment is booming - Madia Prupis Solar investment has gone from literally nothing five years ago to quite a lot. For the first time, solar power is becoming the cheapest form of electricity production in the world, according to new statistics released by Bloomberg New … [Read more...]

Issues with renewable energy accounting

Issues with renewable energy accounting - Editor Critics of various published renewable energy analyses have pointed out that modern renewable energy technologies are often dependent upon fossil fuel and other energy sources, and have cautioned that the energy accounting costs might not adequately … [Read more...]

Why Glass-Steagall matters

Why Glass-Steagall matters - Editor The Glass–Steagall Act describes four provisions of the U.S. Banking Act of 1933 that serve to separate traditional commercial banking from risky invest- ment banking [1,2]. According to ref 1: " Following the global financial crisis of 2007-08, … [Read more...]

Explainer: what is modern monetary theory?

Explainer: what is modern monetary theory? - Steven Hail There is a school of thought among economists who aren’t worried about the so called “budget black hole”, where tough choices have been called for to reduce government spending. The proponents of modern monetary theory like Prof Stephanie … [Read more...]