Justin Pyvis
Justin holds a PhD in economics and has 20+ years of policy and investment experience across Australia, NZ, and Hong Kong. These days he’s often found walking cities (jwalk.ing, trying to understand how they work.
Friday Fodder (15/24)
Senator Nick McKim wasted everyone’s time for a headline; the replication crisis in social sciences rolls on; why even a little productivity matters; manufacturing can’t create enough good jobs; and how crises past can have long lasting effects on people’s financial decision-making.
AI as a force multiplier
Today’s AI, with its many flaws, is more of a force multiplier than revolutionary tech. Australia should avoid rushing to compete with global leaders in the name of AI sovereignty and instead focus on building guardrails, without being so prescriptive as to kill innovative attempts at AI diffusion.
How can we afford not to?
Australia should resist Albo’s “Future Made in Australia”, which will make all but a few well-connected businesses and workers worse off. Instead, we should focus on boosting industry productivity through reforms such as eliminating trade barriers and zoning restrictions.
Friday Fodder (14/24)
How are interest rates affecting Australia; merger reform and misunderstanding competition; India’s Modi and policy uncertainty; and does Australia need parliamentary reform?
Can Xi Jinping rescue China's economy?
China’s economy faces structural issues that Xi’s policies can’t fix. His “new quality productive forces” strategy will distort the economy and fail to make China rich. To stay ahead, Australia should embrace China’s subsidised exports to benefit consumers while ensuring economic flexibility.