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Recent Posts
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- ‘Doughnut economics’ shows how global growth is out of balance – and how we can fix it
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Author Archives: Warwick Smith
Memories. In 1961 Labor promised to boost the deficit to fight unemployment. The promise won
First published in The Conversation Arthur Caldwell almost defeated Robert Menzies in the poll in 1961, and won the debate about policy. National Archives, National Library of Australia, Wikimedia Warwick Smith, University of Melbourne Lately, governments and oppositions have … Continue reading
Posted in Australian politics, Economic theory, Inequality, Political philosophy
Tagged budget, full employment, history, The Conversation
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The simple approach to carbon
By Warwick Smith First published in The Canberra Times and other Fairfax newspapers. What is fee and dividend carbon pricing? Carbon fee and dividend is a model for pricing climate pollutants where a fee is charged on producers of emissions, … Continue reading
Video of speech for the Victorian Fabians
Here’s a speech I gave on the economics of inequality at the AGM of the Victorian Fabians. The speech notes are below the video. Warwick Smith from Australian Fabians Inc. (AFI) on Vimeo. Speech notes from Per Capita’s Medium page. … Continue reading
Posted in Inequality, Speech
Tagged class, history, history of economics, inequality, philosophy, politics
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Governments haven’t always shirked responsibility for our low wages – The Conversation
Post-war Australia experienced a boom with full employment and falling inequality. State Library of Queensland Warwick Smith, University of Melbourne For the last four years or so average wages in Australia have barely kept pace with inflation, meaning no real … Continue reading
Posted in Economic theory, Inequality
Tagged Australia, economic history, government, politics, unemployment, wages
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RRR Uncommon Sense interview on full employment
I was interviewed by Amy Mullins on Uncommon Sense following the publication of my report on the history of unemployment in Australia. The interview is about 40 minutes long which allowed us to really delve into the topic of unemployment. … Continue reading
Posted in Australian politics, Inequality, Media appearance, political economy, radio
Tagged employment, history, history of economics, unemployment
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Report launch: Unemployment policy in Australia: a brief history
This report was launched at a post-budget event where I was on a discussion panel with Wayne Swan, Stephen Koukoulas and Emma Dawson on May 16. You can listen to a podcast of the event. Executive Summary Maintaining full employment … Continue reading
Posted in Australian politics, political economy
Tagged employment, full employment, history, history of economics, inflation, unemployment
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There is a fix for house prices – but Victoria has missed its opportunity again
By Warwick Smith This article was originally published at The Age on 2 May 2017. Victorian Treasurer Tim Pallas’ 2017/18 budget contains a handful of measures aimed at improving housing affordability, including exempting first home buyers from stamp duty for … Continue reading
3AW interview on the banks making a killing from PayWave and PayPass
I was interviewed on 24 March on 3AW in response to my New Matilda article on the banks taking a slice of every purchase we make when we tap or wave our cards. https://audioboom.com/posts/5742456-warwick-smith-research-economist-at-per-capita-fees-associated-with-tap-and-go-transactions
Posted in finance
Tagged 3AW, banking and finance, banks, MAP, Media appearance, radio interview
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The banks make a killing every time you swipe your card
By Warwick Smith This article was originally published by New Matilda and republished by The New Daily. The banks are rubbing their hands with glee as they now get a cut of almost every purchase we make. PayWave and PayPass … Continue reading
Posted in finance
Tagged banks, cash, economic rent, new matilda, paypass, paywave, The New Daily
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Listen up, Scott Morrison. It’s time to bust the myth of the budget surplus – The Guardian
Originally published at The Guardian on Jan 6 2017. Warwick Smith A fetish of recent decades, budget surpluses lead to private sector debt and are unsustainable in the long term. The current obsession could lead us to recession. On Facebook, … Continue reading
Reconstructing Economics 