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Category Archives: Economic theory
Land taxes can recoup government expenditure on public infrastructure
This is the first of a series of posts providing extra information for an article in The Conversation about land taxes. The World Bank produced a report in 2008 titled Unlocking Land Values for Financing Urban Infrastructure. This report assesses … 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
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
Reconstructing Economics 