‘New Keynesian’ unemployment — a paid vacation essentially! Lars P. Syll Both Real Business Cycle and New Keynesian models see unemployment as an accidental and…
Economic Reform Australia (ERA) Feed Items
Capitalism – with friends like these, you don’t need enemies (part 1)
—Capitalism with friends like these, you don’t need enemies (part 1) Steve Keen This is a chapter from Prof Steve Keen’s book Rebuilding Economics from…
Rethinking economics with Angus Deaton
—Rethinking economics with Angus Deaton Editor Mainstream economics has placed efficiency before ethics and human wellbeing It is no secret that mainstream economics is grounded…
A successful energy transition requires managing power use
—A successful energy transition requires managing power use So how do we make demand more flexible? Chris Briggs Energy security concerns are mounting as renewable…
No economy exists apart from the ecologies which sustain it
—No economy exists apart from the ecologies which sustain it Peter Newell This item is extracted from an article which appeared in RWER blogs on…
Land – funding and inflation
—Letter from Colin Cook (SA) Re: Finding the tools to end the cost-of-living crisis [ERA Review Jan/Feb 2024] Towards the end of 2020 there was…