Economic Reform Australia Blog

Why technology alone won’t save us

Why technology alone won't save us Book extract, from “Managing Without Growth. Slower by Design, Not Disaster”, Sect 7.4.2, by Peter Victor, publ by Edward Elgar 2008 Part Two The previous issue, Part One, covered two reasons why modern technology cannot be relied upon to bail us out of future … [Read more...]

Keen versus Krugman

Keen versus Krugman - John Balder The following extract, made by John Balder from his recent RWER paper [1], appeared in the RWER blogs site [2]. To explore the origins of the global financial crisis, the first step is to specify the relationship between banking, money and credit. According … [Read more...]

There is nothing sacrosanct about corporate culture

There is nothing sacrosanct about corporate culture - We can and must regulate it - Ann Wardrop and David Wishart Board-level risk indicators include one person dominating meetings or a culture of blaming and withholding information. Almost every inquiry into financial institutions, no matter the … [Read more...]

What should be the purpose of economic policy?

What should be the purpose of economic policy? And what role can, and should economists play in guiding economic policy decisions? - Rachel French In essence, economic policy should be sustainable. However, it should not be focused entirely on sustainable economic growth, but on sustainable … [Read more...]