Saunders and Wong’s article not only illustrates Australians’ attitude to inequality and redistribution, but also, in between the lines, reveals our inconsistent idea of our wealth and income.
In this short essay, Myanmar’s Risk, I analyse various aspects of the country’s risk. The analysis is based on the article “Democracy dividend bolsters the positive economic momentum” (2016) by Credendo group.
I start the final post on Douglass North’s book with its key lessons and continue with comments its contentious ideas.
In the third post on Douglass North’s Understanding the Process of Economic Change, I present his ideas on the role of demographic change, order, impersonal exchange, and political factors in economic evolution.
In the second post on Douglass North’s Understanding the Process of Economic Change, I present his ideas on the role of institutions in the evolution of the economy.
This post discusses Douglass North’s ideas on the effect of knowledge on the process of economic change.
This article challenges the picture of Australia as a classless heaven. It claims that not only classes exist in Australia but also the chasm between them is steadily growing.