Category Archives: Economic theory

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

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The budget is the greatest moral challenge of our time? Bollocks

  By Warwick Smith All the assertions in Malcolm Turnbull’s statement about the budget being a fundamental moral challenge are flawed. Let’s look at them one at a time This article was originally published in The Guardian. The prime minister, Malcolm … Continue reading

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2ser radio Sydney interview on the government’s PaTH internship program

I was on 2ser’s Sunday night program The Mix this week talking about the budget and, in particular, the government’s new Prepare-Trial-Hire (PaTH) program for youth unemployment. You can listen to the program on the link below. My contribution starts … Continue reading

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Malcolm Turnbull and the distraction of economic growth – Independent Australia

If we stop obsessing about economic growth and focus directly on our social aims then economic growth will take care of itself, writes economist Warwick Smith. First published at Independent Australia WHY ARE WE so consumed by the pursuit of economic … Continue reading

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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

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A sustainable budget surplus is beyond the government’s control, as Joe Hockey has come to realise

Warwick Smith Originally published at The Guardian. Joe Hockey, the treasurer, now concedes he may not be able to deliver his promised budget surplus any time in the foreseeable future. This news is good for private savings because, when the … Continue reading

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