Tag Archives: politics

What the government wants us to do – and not do – based on the budget – The Conversation

Warwick Smith, University of Melbourne Budgets are a good opportunity to see through the spin to what the government really wants. Forget the Treasurer’s speech and the budget overview, the truth is in the measures themselves. Generally things the government … Continue reading

Posted in Australian politics, Political philosophy, Uncategorized | Tagged , , , , , | Leave a comment

The Coalition has boxed itself into a ridiculous corner on tax – The Drum

OPINION Originally published in The Drum By Warwick Smith Posted 18 Mar 2016, 10:47am According to the Coalition, we can’t raise taxes nor introduce new taxes. And if cutting expenditure is off the table following the dire experience of the … Continue reading

Posted in Australian politics, tax economics | Tagged , , , , | Leave a comment

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

Posted in Australian politics, Economic theory | Tagged , , , | 2 Comments

Political donations and the destruction of democratic scrutiny

This is an expanded version of an article originally published at The Guardian. By Warwick Smith Published by the Transnational Insitute. Abstract Many corporations donate to both sides of politics. One of the reasons they do this is to ensure … Continue reading

Posted in Australian politics, Political philosophy | Tagged , , , , , , | Leave a comment

Guardian article on economic myths

Repeat after me: the Australian economy is not like a household budget By Warwick Smith Originally published at The Guardian. Our political and economic thinking has been warped by bad analogies to the point where we can’t see the real … Continue reading

Posted in Australian politics, Economic theory | Tagged , , , , | Leave a comment

Tax economic rent, not productive activity – The Conversation

How’s this for fundamental tax reform? Target the rentseekers By Warwick Smith, University of Melbourne Tax is back in the spotlight with coalition MPs and the Australia Institute talking about getting rid of some of the exemptions to the GST. … Continue reading

Posted in Australian politics, tax economics | Tagged , , , , , | 1 Comment

What will you lose when the carbon bubble bursts?

By Warwick Smith Last week I attended a panel discussion on whether or not the bursting of the carbon bubble would cause the next global financial crisis. The event was organised by the University of Melbourne’s Faculty of Business and … Continue reading

Posted in climate change | Tagged , , , , | Leave a comment