Archive

It’s a law, for goodness sake! Housing affordability requires addressing both supply and demand, not dismissing basic economic principles that explain how markets clear.

Manufacturing output has grown in absolute terms even as its GDP share declined—Australians have simply allocated resources where returns are higher.

From Trump’s attempt to fire Fed governor Lisa Cook to New Zealand’s PM pressuring the RBNZ, political encroachment on central bank independence threatens to undo decades of hard-won credibility.

Without building more houses, Australia’s deteriorating demographics may even make the housing crisis worse.

Governments across the developed world are taking equity stakes in struggling companies, creating the moral hazard and capital misallocation that leads to economic mediocrity.