Economics

Peter Francis Fenwick

Chalmers offers Australia a New Deal

This is my analysis of Jim Chalmers' Monthly essay "Capitalism after the Crises". It was published in the March 2023 edition of Quadrant.

Peter Francis Fenwick

Book Review: Ten Global Trends

In Ten Global Trends Every Smart Person Should Know, Bailey and Tupy provide the evidence to show just how good life is for most people.

Peter Francis Fenwick

CHOs Cannot Control a Pandemic

Sound economic decisions cannot be made centrally by expert bureaucrats because they can never have all the knowledge needed.

Peter Francis Fenwick

The best guide to economics ever written

The reprinting of Henry Hazlitt's classic Economics in One Lesson is timely.

Peter Francis Fenwick

How to Bolster Youth Employment

We need to ensure our kids are not priced out of the labour market. In response to the COVID-19 crisis, many jobs have been lost, some...

Peter Francis Fenwick

Universities: Bailout or Restructure?

A spokeswoman for the Vice Chancellors of our major Universities said that they had advised the Minister, Dan Tehan, that unless they got...

Peter Francis Fenwick

Paying for COVID-19

If the government pays citizens who are not working, and refunds businesses who employ people who have nothing to do, this is not...

Peter Francis Fenwick

Discretionary Saving

For the time being there are lots of things we cannot spend our money on. What will we do with the money we save? In response to the...

Loretta Lockesmith

Exploitation or Opportunity?

The other day I met my old friends Marcia and Ann for lunch at Babka in Brunswick Street. It was good to catch up again. Babka is just a...

Peter Francis Fenwick

Minimum Wage Keeps Youth Unemployed

In the spirit of the famous Harvester case, ACTU secretary Sally McManus is proposing an overhaul of the national minimum wage to better...