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Recent Posts
- Less trusting, more financially stressed: new data show how Australians feel about their lives
- The RBA’s policy deliberately creates unemployment. So why do we treat the jobless so badly?
- Is the capital gains tax discount an act of intergenerational ‘bastardry’?
- ‘Doughnut economics’ shows how global growth is out of balance – and how we can fix it
- Appearance on The Project – Channel 10
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Author Archives: Warwick Smith
Video – Talking Justice 2015
A recording of my speech at Talking Justice has been uploaded to the Loddon Campaspe Community Legal Centre YouTube channel. The speech is like a 22 minute summary of my writing over the last year. Speech notes Talking justice – … Continue reading
The Coalition want us to work more so we can give more to the banks – Independent Australia
By Warwick Smith This article was first published at Independent Australia. The Abbott Government wants us to work more but who really benefits? Economist Warwick Smith argues that instead of handing more of our money over to the big four … Continue reading
Joe Hockey is beginning to understand not all taxes are created equal – The Guardian
By Warwick Smith Originally published at The Guardian. The treasurer’s endorsement of land tax in South Australia is an encouraging move away from his general opposition to taxation Joe Hockey recently said “I don’t like higher taxes; I am philosophically … Continue reading
Posted in Australian politics, housing affordability, Land tax, tax economics
Tagged land tax, tax to GDP ratio, taxation policy, The Guardian
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Path to budget surplus built on shifting foundations – The Conversation
Warwick Smith, University of Melbourne In the lead up to tonight’s federal budget treasurer Joe Hockey and prime minister Tony Abbott backed away from the strong rhetoric of deficit and debt emergencies that accompanied last year’s budget. However, they have … Continue reading
Posted in Australian politics, political economy
Tagged budget, Budget 2015, deficit, fiscal policy, The Conversation
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Interviewed for podcast: “Is it worth voting?”
By Warwick Smith I was interviewed by Abla George for the first of a new podcast series InformMyOpinion. The topic, “is it worth voting?”, was prompted by record levels of disengagement in politics in the UK in the leadup to … Continue reading
Posted in democracy, Political philosophy, radio interview
Tagged Abla George, democracy, InformMyOpinion, podcast, Talking Justice
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Twiggy’s not so crazy cartel idea
By Warwick Smith Andrew (Twiggy) Forrest, recently suggested the big iron ore producers in Australia should cap production of iron ore in order to lift prices. This suggestion has been attacked and ridiculed by the other miners, by the Australian … Continue reading
TV appearance on ABC’s The Business
I was interviewed for a segment on political donations by financial institutions that aired on Wednesday night on The Business on ABC TV. This followed on from a piece I wrote for The Guardian last year. It’s great the ABC … Continue reading
Posted in Australian politics, democracy, Media appearance, political economy, TV
Tagged ABC The Business, ABC TV, political donations, rent-seeking
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A super con – The Monthly
Why compulsory superannuation benefits the financial industry and the rich at the expense of everyone else Published at The Monthly By Warwick Smith Tuesday, 24th March 2015 Superannuation is mostly a con. It involves the funnelling of vast amounts of … Continue reading
Posted in Australian politics, Economic theory, Inequality
Tagged dependency ratio, Economic policy, pension, superannuation, The Monthly
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The diabolical problem of housing affordability
By Warwick Smith Fairfax economics editor, Peter Martin, recenly wrote a piece defending Joe Hockey’s suggestion that we should let first home buyers access part of their superannuation for buying a home while also abolishing negative gearing. Before reading Peter’s … Continue reading
Conservative ideology and the Intergenerational Report: why Hockey had to remove all reference to inequality
By Warwick Smith A search of the government’s recently released Intergenerational Report for the word “inequality” yields zero results. The same is true for “income distribution” and “wealth distribution”. This is not surprising because conservatives are basically forced by their … Continue reading
Reconstructing Economics 