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Category Archives: Australian politics
To Fight The IMF’s Dire Prediction We Need More Government Debt – 10 daily
By Warwick Smith This article was first published on April 15 2020 at 10daily, which has since shut down. I’m reproducing it here now partly to keep a record in case the web site ceases to exist. Update: the 10daily … Continue reading
Posted in Australian politics, Economic theory, Op-ed
Tagged 10daily, budget, deficit, fiscal policy, history, stimulus, unemployment
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The coronavirus response calls into question the future of super
Brendel/Unsplash, CC BY-NC Warwick Smith, University of Melbourne This article was first published in The Conversation. Understandably, given we are in a crisis, the government has baulked at including superannuation contributions in the A$140 billion worth of $1,500 per … Continue reading
Mineral wealth, Clive Palmer, and the corruption of Australian politics – The Conversation
Warwick Smith, University of Melbourne Clive Palmer is reportedly spending A$70 million of his own money on his party’s campaign. How is it possible for one individual to command so much wealth and where did it come from? The sad … Continue reading
Labor wants to pay childcare wages itself. A perfect storm makes it not such a bad idea
This article was first published in The Conversation. Warwick Smith, University of Melbourne This article is part of an election series on wages, industrial relations, Labor and the union movement ahead of the 2019 federal election. You can read other … Continue reading
Posted in Australian politics, Economic theory, Gender
Tagged child care, employment, Federal election 2019, Free market, gender pay gap, Labor party, women
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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
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
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 