Fossil fuel myths are slowing the energy transition Mark Diesendorf Misleading claims about renewables, backed by the influence of the fossil fuel industry, are slowing…
The post Fossil fuel myths are slowing the energy transition appeared first on Economic Reform Australia.
A real ‘intergenerational equity’ budget would address our unceasing environmental decline Timothy Neal Recently the Australian federal government unveiled a budget designed to tackle intergenerational…
The post A real ‘intergenerational equity’ budget would address our unceasing environmental decline appeared first on Economic Reform Australia.
AEMO should be split in two, transmission put in public ownership in new push for overhaul of “failed” NEM Sophie Vorrath The Australian energy market…
The post AEMO should be split in two appeared first on Economic Reform Australia.
Australia still needs a real national housing strategy Hal Pawson and Chris Martin Labor’s capital gains tax and negative gearing reforms are a major step…
The post Australia still needs a real national housing strategy appeared first on Economic Reform Australia.
Thinking about the genuine progress indicator Steven Hail Genuine Progress Indicator (GPI) studies provide a monetary valuation of the net benefits of economic activity, once…
The post Thinking about the genuine progress indicator appeared first on Economic Reform Australia.
Steve Keen on what caused the Great Depression and the 2008 Financial Crisis Google AI Overview [1] According to economist Steve Keen, both the Great…
The post Steve Keen on what caused the Great Depression and the 2008 Financial Crisis appeared first on Economic Reform Australia.
To avoid future road, rail and renewable blowouts costing billions, Australia needs these three big fixes Dominic D Ahiaga-Dagbui Australia has a remarkably poor record…
The post To avoid future road, rail and renewable blowouts costing billions appeared first on Economic Reform Australia.
Will Private Credit have a ‘Minsky Moment’ Alan Prout The Financial Review, Australia’s daily business paper, reported in November 2025 that the Australian Securities and…
The post Will Private Credit have a ‘Minsky Moment’ appeared first on Economic Reform Australia.
Comments on Australia’s rising house prices Steve Keen Extracted from a LinkedIn posting and Youtube video [1] Australia’s housing obsession is one of its greatest…
The post Comments on Australia’s rising house prices appeared first on Economic Reform Australia.
“War-Shock Inflation” and Inflation Phobia: Lessons of History for Central Bankers – Anis Chowdhury What can central bankers learn from the 1970s stagflation? The global…
The post “War-Shock Inflation” and Inflation Phobia appeared first on Economic Reform Australia.
Recommended video: Are we at a Galileo moment in economics? Richard Murphy What if everything you think about money is wrong? And does it matter…
The post Recommended video: Are we at a Galileo moment in economics? appeared first on Economic Reform Australia.
Comparative economic evolution of three countries – and how to improve New Zealand’s mismanaged economy Steven Hail Steven Hail argues that New Zealand is enduring…
The post Comparative economic evolution of three countries appeared first on Economic Reform Australia.
US war on Iran shows renewable energy is an inflation management tool [1] Ingrid Walker The growing energy crisis shows that fossil fuels present a…
The post US war on Iran shows renewable energy is an inflation management tool [1] appeared first on Economic Reform Australia.
We don’t need billionaires, and we can structure the market so we don’t have them Extracted from an article by Dean Baker [1] The Economist…
The post We don’t need billionaires, and we can structure the market so we don’t have them appeared first on Economic Reform Australia.
Why Minsky still matters Lars Syll Perhaps the foremost financial crisis theorist of our time, Hyman Minsky, had as his central idea that crises are…
The post Why Minsky still matters appeared first on Economic Reform Australia.
Neoclassical economics vs MMT on the status of savings Jim Byrne The following link – https://www.linkedin.com/feed [1 ] – which appeared on 1 Apr 2026…
The post Neoclassical economics vs MMT on the status of savings appeared first on Economic Reform Australia.
Why the rich don’t pay taxes Lars Syll Beneath the civic ideal of taxation as a collective, equitable endeavour lies an entrenched hypocrisy: the architecture…
The post Why the rich don’t pay taxes appeared first on Economic Reform Australia.
On The Wealth of Nations Susan Borden 250 years on, Jason Furman’s essay goes wrong, not in what it says about Adam Smith, but in…
The post On The Wealth of Nations appeared first on Economic Reform Australia.
This is the end of the U.S. global monetary system Steve Keen The US-dollar-based international monetary system will not survive this Presidency. There is, of…
The post This is the end of the U.S. global monetary system appeared first on Economic Reform Australia.
The Global Financial Crisis from a flawed neoclassical perspective Steve Keen This is a critique by Steve Keen of Lee Ohanian’s paper “The economic crisis…
The post The Global Financial Crisis from a flawed neoclassical perspective appeared first on Economic Reform Australia.
Uncertainty is central to Keynesian economics Steven Hail This item is extracted from Steven Hail’s 2018 book Economics for Sustainable Prosperity. The discussion relates to…
The post Uncertainty is central to Keynesian economics appeared first on Economic Reform Australia.
Wealth taxes don’t go far enough: Let’s transform our economy with public money Sheridan Kates Wealth taxes are crucial to build an economy that works for…
The post Wealth taxes don’t go far enough appeared first on Economic Reform Australia.
Can MMT save AI from catastrophe? John Alt A chief criticism of Modern Monetary Theory (MMT) is that it is inherently inflationary. The simple logic…
The post Can MMT save AI from catastrophe? appeared first on Economic Reform Australia.
Economics textbooks — scandalous intellectual dishonesty Lars Syll It is well-known that Keynes frequently criticised more traditional economics for committing the ‘fallacy of composition’. This…
The post Economics textbooks — scandalous intellectual dishonesty appeared first on Economic Reform Australia.
Equations that mask inequality Barbara Williams Students of economics learn obedience to equations that mask inequality. That thought hit me while reading “The Justice Lie”…
The post Equations that mask inequality appeared first on Economic Reform Australia.
A post-Keynesian discussion of US economic hegemony: resilience or decline? (Part 2) Alan Prout In Part 1 we listed some long-term factors that contribute to…
The post A post-Keynesian discussion of US economic hegemony: resilience or decline? (Part 2) appeared first on Economic Reform Australia.
Kenneth Rogoff Is (almost) right about the importance of inflation -but entirely wrong about its management Susan Borden America’s debt problem is not what Foreign…
The post Kenneth Rogoff Is (almost) right about the importance of inflation appeared first on Economic Reform Australia.
Empathy, morality, civilisation and resisting tyrants Geoff Davies Are we just selfish brutes who need to be civilised into social, moral behaviour? If not, where…
The post Empathy, morality, civilisation and resisting tyrants appeared first on Economic Reform Australia.
Renewables over 50%, wholesale prices down – is the energy transition … succeeding? Tony Wood Ten years ago, if a heatwave as intense as January’s record-breaker…
The post Renewables over 50%, wholesale prices down appeared first on Economic Reform Australia.
Empathy, morality, civilisation and resisting tyrants Geoff Davies Are we just selfish brutes who need to be civilised into social, moral behaviour? If not, where…
The post Empathy, morality, civilisation and resisting tyrants appeared first on Economic Reform Australia.
The confident falsehoods of economists and the Nobel Prize Lars Syll Faced with economic theory’s apparent inability to address real economic and financial problems, economists…
The post The confident falsehoods of economists and the Nobel Prize appeared first on Economic Reform Australia.
A just transition can remake Australia if we choose to think bigger Peter Hansford A “just energy transition” seeks to balance risks and benefits fairly,…
The post A just transition can remake Australia if we choose to think bigger appeared first on Economic Reform Australia.
From public good to corporate enterprise: The financialisation of universities (Part 2) John H Howard A dominant challenge for universities now is the expectation that…
The post From public good to corporate enterprise: The financialisation of universities (Part 2) appeared first on Economic Reform Australia.
A post-Keynesian discussion of US economic hegemony: resilience or decline? (Part 1) Alan Prout Introduction Since 1945 the USA has, at least until recently, been…
The post A post-Keynesian discussion of US economic hegemony: resilience or decline? (Part 1) appeared first on Economic Reform Australia.
Recommended article: The service sector path to shared prosperity [1] Dani Rodrik We must address climate change, inequality, and poverty simultaneously, but prevailing economic approaches…
The post Recommended article: The service sector path to shared prosperity appeared first on Economic Reform Australia.
What caused both the Great Depression and the 2008 crisis? Steve Keen Mainstream economists completely missed what caused both the Great Depression and the 2008…
The post What caused both the Great Depression and the 2008 crisis? appeared first on Economic Reform Australia.
From neoclassical economics to the masking of it with New-Keynesian economics Tyrone Keynes Economists often begin by making assumptions that bear little resemblance to reality.…
The post From neoclassical economics to the masking of it with New-Keynesian economics appeared first on Economic Reform Australia.
Economic myths Mark Diesendorf The dominant economic system, capitalism, has the goal of generating profit through private ownership and control of the means of production.…
The post Economic myths appeared first on Economic Reform Australia.
The China dependency nobody talks about: How smart countries build dumb export structures Darren Quinn Part 4 of my series on vulnerability-based monetary sovereignty Here’s…
The post The China dependency nobody talks about appeared first on Economic Reform Australia.
How to talk about it John Alt Framing MMT as a Part of Normative Society Zohran Mamdani [1] will soon be asked the question: How…
The post How to talk about it appeared first on Economic Reform Australia.
Ben Bernanke — the “expert” who got it all wrong Extracted from an article by Steve Keen [1] Ben Bernanke got the job as Federal…
The post Ben Bernanke — the “expert” who got it all wrong appeared first on Economic Reform Australia.
Failures in privatised care starkly illustrate the inevitable failure of neoliberalism Geoff Davies The failures of privatised child care and aged care have starkly illustrated…
The post Failures in privatised care starkly illustrate the inevitable failure of neoliberalism appeared first on Economic Reform Australia.
Key policies for the energy transition Mark Diesendorf The federal government has released its 2035 greenhouse gas emissions target. However, more important than the target…
The post Key policies for the energy transition appeared first on Economic Reform Australia.
When ‘sustainable’ fashion backfires on the environment Erez Yerushalmi and Krishnendu Saha The circular economy – the idea of “reduce, reuse and recycle” – has…
The post When ‘sustainable’ fashion backfires on the environment appeared first on Economic Reform Australia.
Getting rid of fossil fuels is really hard – and we’re not making much progress Martin Brueckner, Charles Roche and Tauel Harper If miners, the…
The post Getting rid of fossil fuels is really hard appeared first on Economic Reform Australia.
The heart of mainstream economics Jim Byrne You need assumptions to build useful economic models – but those assumptions should not influence the results. I…
The post The heart of mainstream economics appeared first on Economic Reform Australia.
From public good to corporate enterprise: The financialisation of universities- (Part I) John H Howard In recent months, Australian universities have been increasingly scrutinized over…
The post From public good to corporate enterprise appeared first on Economic Reform Australia.
The Road Not Taken Lars Syll Had the whole discipline catastrophically misunderstood Keynes’ deeply revolutionary ideas? We heterodox economists, who have chosen the road less…
The post The Road Not Taken appeared first on Economic Reform Australia.
Are business schools priming students for a world that no longer exists? Carla Liuzzo and Mimi Tsai Endless economic expansion isn’t sustainable. Scientists are telling…
The post Are business schools priming students for a world that no longer exists? appeared first on Economic Reform Australia.
Financial markets cannot punish a sovereign government. Here’s why Steven Hail, Stephanie Kelton and Darren Quinn What the UK Mini-Budget Really Proved “You’ve got to…
The post Financial markets cannot punish a sovereign government. Here’s why appeared first on Economic Reform Australia.