Economic Policies
The Nobel Prize winning economist James Tobin once said that the study of economics “offered the hope, as it still does, that improved understanding could better the lot of mankind”. One of the ways in which it does this is through the implementation of economic policy that helps to ameliorate boom-and-bust cycles, reduces unemployment, contains inflation or lifts people’s living standards in sustainable ways.
Video & Presentation Slides: Modern Monetary Theory
Economic Policies, Economics and Economists, The Global Economy | 25th August 2021In this webinar Saul will explain what MMT is (and what it isn’t), what the historical record shows about how it might work in practice, and what some of the results might be if it were implemented in current circumstances.
Reflections on the 2021 Intergenerational Report
Economic Policies, Taxation, The Australian Economy | 15th August 2021The 2021 IGR, released some six weeks ago, suggests that Australia will be running budget deficits for the next 40 years. But that’s only because of the quite arbitrary assumption that tax collections will remain ‘capped’ at 23.9% of GDP, forever more. There’s no reason why that should be the case.
Are skyrocketing house prices a wellness issue?
Australian Society and Politics, Economic Policies, Housing, News, Recent Media Interview | 7th August 2021Saul talks to ABC Radio National’s Geraldine Doogue about the reasons for ever-escalating property prices
Bursting the Housing Bubble
Australian Society and Politics, Economic Policies, Housing, The Australian Economy | 3rd August 2021Podcast of a discussion with Janet Ge, Associate Professor in the School of Built Environment at University of Technology, Sydney and Matt Grudnoff of the Australia Institute, a think tank, hosted by Toby Hemmings of Think: Business Futures, focussing on the consequences of and reasons for the continued escalation of Australian residential property prices.
Video & Presentation Slides: What is ‘QE’, and how does it work?
Economic Policies, Economics and Economists, QE & MMT, The Global Economy | 29th July 2021In this webinar Saul will explain exactly what ‘QE’ is, how its done, why central banks are doing it, what its intended and unintended effects are, and how long central banks might keep doing it for.
June CPI and the implications of Australia’s vaccination strategy
Economic Policies, News, Publications, Recent Media Interview, The Australian Economy | 29th July 2021Saul talks to Alan Kohler about this week’s June quarter CPI result and the implications of Australia’s vaccination strategy for our economic performance.
‘Pop goes the rental’
Economic Policies, Housing, Publications | 26th July 2021Column published in The Saturday Paper on 24th July examining the reasons behind, and consequences of, Australia’s seemingly unstoppable housing price escalator (the headline was chosen by the editor)
How is the immigration pause affecting Australia’s economy?
Australian Society and Politics, Economic Policies, News, Recent Media Interview, The Australian Economy | 22nd July 2021Saul Eslake talks to ABC Radio National’s Peter Martin and Gigi Foster on their “The Economists” program 22nd July 2021