Food

How to hurt the very people you claim you’re trying to help.

Monetary policy missteps can arise when journalists and politicians confuse relative price movements for inflation, leading to misguided calls for rate cuts based on things like food price fluctuations rather than the underlying drivers of inflation.

Coles and Woolworths aren’t to blame for inflation; the productivity impacts of artificial intelligence; how zoning makes housing less affordable and other bad stuff; China’s monetary easing won’t fix the mess its local governments have created; and who spends the most on healthcare.

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.