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2025

The most important conversation in economics we risk getting wrong
Justin Wolfers’ doomsday scenarios about tech monopolies owning ‘all of GDP’ ignore how markets adapt.
It's time to lower cigarette taxes
Australia’s high tobacco taxes have created a massive price wedge fuelling a thriving black market, yet its new tobacco and vape tsar doesn’t see a problem.
Don't trust government forecasts
Treasury’s modelling of Australia’s Net Zero Transformation looks to have been highly politicised and should be discounted accordingly.
Climate targets are counter-productive
Australia’s new 62-70% emissions reduction target exemplifies the triumph of political theatre over economic efficiency.
Albanese's rent-seeking agenda
Australia’s new biofuel grants risk repeating international mistakes where subsidies created rent-seeking industries with questionable environmental benefits and higher food prices.