Tag: The Economy

Ideology triumphs over evidence: Morrison government drops the ball on banking reform

Political pressure forced the federal government in 2017 – when Scott Morrison was treasurer – to call the royal commission into misconduct in the banking, superannuation and financial services sector. Commissioner Kenneth Hayne delivered 76 recommendations to reform the industry…
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The economy can’t guarantee a job. It can guarantee a liveable income for other work

When the coronavirus pandemic hit Australia in March 2020, the Morrison government took bold and imaginative action. The most notable examples were its income support programs – JobKeeper, paying a A$750 weekly subsidy to employers to keep workers on the…

Feeling Betrayed, Far-Right Extremists Have A New Message For Trump: ‘Get Out Of Our Way’

ILLUSTRATION: REBECCA ZISSER/HUFFPOST For months, President Donald Trump’s message to his supporters was clear:The election was being stolen from him, and they needed to fight to take it back. So on January 6, during a Trump-promoted rally to “Stop the…

Trump Supporters’ Main Problem Was Never The Economy

ROBERTO SCHMIDT/AFP via Getty ImagesSupporters of President Donald Trump rampage through the U.S. Capitol on Jan. 6 as Congress met to count the Electoral Votes that named Joe Biden the winner of the November election. Safe to say, the Donald…

Democrats seek progressive overhaul of the U.S. financial system

Now in control of Congress, Democrats are looking to give the U.S. financial system a progressive overhaul, incoming Senate Banking Chairman Sherrod Brown said Friday. It will be a tall task. What we’re hearing: “This committee in the past has…

2021 could be the year automation and AI truly accelerate the economy

The coronavirus pandemic hit the global economy hard in 2020, but the economy may be close to consolidating years of technological advances — and ready to take off in a burst of productivity growth. Why it matters: Productivity is the…

What’s the best way to boost the economy? Invest in high-voltage transmission lines

When, in the midst of the pandemic, the Economic Society of Australia invited 150 of Australia’s keenest young thinkers to come up with “brief, specific and actionable” proposals to improve the economy, amid scores of ideas about improving job matching,…

2021 will harden the winners’ and losers’ brackets created by the pandemic economy

Heading into 2021, the economy is in a state of gross divergence, presenting opposing narratives that are drifting further apart, creating ostensible winners’ and losers’ brackets. Why it matters: The pandemic has accelerated shifts in the economic makeup of the…

The Economy of Cyberpunk 2077 – A Game of Cautionary Tales (And Bugs)

This video was made possible by our Patreon community! ❤️See new videos early, participate in exclusive Q&As, and more!➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ This is night city, the futuristic metropolis which is home to most of the action taking place in cyberpunk…

European Union agrees on Green Deal to curb emmissions | DW News

EU leaders agreed on Friday to set an ambitious target to cut greenhouse gas emissions by 55% compared to 1990 levels by 2030. The deal came after more than 10 hours of negotiations late Thursday into Friday morning. The increase…