Economic Reform Australia Blog

The US is the world’s second largest economy

The US is the world’s second largest economy When it comes to climate change, it matters - Dean Baker The New York Times has an article on the Trump administration’s decision to pull the United States out of the Paris Agreement on climate change. The first sentence wrongly describes the US as “the … [Read more...]

The essence of neoliberalism

A programme for destroying collective structures which may impede pure market logic - Editor The following extract from an article by Pierre Bourdieu [1] was published by Lars Syll in RWER blogs on 10 Nov 2019 [2]: “ The neoliberal utopia evokes powerful belief – the free trade faith – not … [Read more...]

Is a different type of economics the answer?

A paradigm shift is underway in economics - Steven Hail   The media as a whole is catching on to the fact that there is a paradigm shift underway in economics. This won’t be a surprise to you if you have been reading my articles. I have written about two dozen articles on the main … [Read more...]

The unrealistic model of William Nordhaus

A model used in advising governments about the economic impact of global warming - Editor William Nordhaus (born May 31, 1941) is an American economist and Sterling Professor of Economics at Yale Univ- ersity, best known for his work in econ- omic modelling and climate change. He is one of the … [Read more...]