Economic Reform Australia Blog

27/01/2013

In this electronic age, money virtually comes from nowhere. If you happen to be a currency-issuing central government – that is, a central government that owns and issues the nation’s… continue reading »


26/10/2012

Foreign investment is not critical for Australia’s agribusiness, and existing savings are only one part of our potential capital. During the Global Financial Crisis the impromptu network of financial transactions… continue reading »


01/06/2012

The sectoral accounting equation is (I – S) + (G – T) + (X – M) = 0     where (I – S) = private sector balance,  (G – T) =… continue reading »