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Author Archives: Warwick Smith
New Overland article published today
Below is my latest article. Head to Overland to read the original. Australia’s first compulsory Ponzi scheme By Warwick Smith 23.Jul.13 Compulsory superannuation was introduced by the Keating government in 1992 as a way of dealing with the ballooning age-pension … Continue reading
Posted in Inequality, superannuation
Tagged inequality, superannuation, superannuation industry, taxation
1 Comment
Brown coal Victoria’s economic saviour. Really? Are they serious?
The Victorian Minister for State Development, Peter Ryan, spoke in State Parliament: Victoria has one of the world’s most extensive brown coal deposits and the government is committed to maximising the opportunities to develop this resource in support of economic … Continue reading
New article in The Conversation: More pie in the sky – economic progress no slice of life
Originally published in The Conversation. More pie in the sky – economic progress no slice of life By Warwick Smith, University of Melbourne In the verbal volley between Gillard and Abbott, Swan and Hockey, there is a conversation that we … Continue reading
New Matilida article: Are Growth And Consumption Our Enemies?
I’ve just had an article published in New Matilda. The article is reproduced below. Thanks to the folks at New Matilda. Are Growth And Consumption Our Enemies? Professor Ross Garnaut recently argued that those of us interested in sustainability must … Continue reading
Monopoly rents. An interesting piece by Paul Krugman
I’m not really into uncritically re-posting work by others but I think this one deserves to be an exception (partly because I haven’t got time to really write about it). Krugman highlights something I’ve been thinking about a fair bit … Continue reading
Is there a baby in the neoclassical economics bath water?
The World Economics Association is currently holding an online conference: The economics curriculum: towards a radical reformation. I think it’s a great subject that sorely needs some serious discussion. I’ve written in the comments section on one of the papers … Continue reading
Women’s superannuation
Mark Bouris recently wrote a column for the Age and Sydney Morning Herald about women and superannuation. It’s a very important topic and credit to Mark for opening a public conversation about it. The column outlined the problem (which is … Continue reading
State of the left
Just read an article in Overland by Nina Power about the state of the left in modern politics. She claims that the left has lost it’s way and is losing the battle against the right with all manner of social … Continue reading
Free market economics and fake moon landings
Yet another paper has emerged showing a strong correlation between belief in free market ideology and climate change denial (1). The article, NASA faked the moon landing—therefore, climate science is a hoax finds a very strong negative relationship between degree … Continue reading
Quote of the Day
“ ‘It has always seemed to me,’ said Doc, ‘The things we admire in men – kindness and generosity, openness, honesty, understanding and feeling – are the concomitants of failure in our system. And those traits we detest – sharpness, … Continue reading
Reconstructing Economics 