Australia’s leading economists have overwhelmingly endorsed a return to the highest immigration intake on record, saying Australia should aim for at least 190,000 migrants per year as it opens its borders, up from the target of 160,000 per year set ahead of COVID.
More than a third of those surveyed believe 190,000 isn’t enough, arguing that a “catch up” will show Australia is open to the world.
Publisher: Self Published
Written By: Ian Hunter
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Tracking employment growth is one way to see how the U.S. economy—in particular, the labor market—is performing. An economist outlines why different sources can show different data.
If you told someone a year ago unemployment was about to dive below 5%, to just above 4%, they wouldn’t have believed you.
If that person was an expert, and you said it would happen despite a Delta outbreak and lockdowns in our two biggest states, they might have said you had little idea of how the economy worked.
At the beginning of last year, The Conversation asked 21 of Australia’s leading economists what would happen in 2021 and 2022. At the time, the published unemployment rate was 6.6%.
None of them thought it would slip below 5% in 2021 or 2022.
Asked when the unemployment rate might eventually even touch 5%, none nominated 2021. Only two nominated 2022. The rest picked dates years into the future. Three picked “not for the foreseeable future”.
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This story received a flurry of coverage and then disappeared. Our role here at Defective by Design is to not let these stories go, for the fact that they are forgotten so quickly is how Digital Restrictions Management (DRM) perpetuates itself.
As the current Beijing Winter Games demonstrate, the gap between the Olympic dream and reality has always been huge, with political leaders often either ignoring or seeking to weaponize the event. Rather than seeking to exclude politics, the Olympic authorities should promote the Games' role as an alternative to war.
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We've been doing live streams of our songwriting sessions at our studio from our Twitch channel. We just turn on the camera and try out ideas and see where they take us each week.
We took a clip from one of those sessions that we liked recently and posted it on our YouTube channel.
We gave this song idea a random name called "Slippery Friction" and decided to build on it.
Here is the progress so far...
It was Tom playing a part on the keys using the clav sound, Cliff played bass and Rob just started doing a beat.
We all know that the longer the PM manages to stay in office the more likely he is to get away with it
Continue reading...When I think back to my college friends and me, what a beautiful bubble we lived in! Don’t get me wrong. It wasn’t a fancy college—it was state school, and we were all from out of state. And we certainly weren’t rich kids: my friend J came from a Lower East Side single parent family, […]
The post Education is its own privilege appeared first on Zeldman on Web and Interaction Design.
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As I write this I am listening to Andy Whites’ latest album, This Garden is Only Temporary for the second time. It really is a bloody good album. Earlier this …
Economic research can help with a range of issues, from responding to financial crises to evaluating fiscal stimulus or creating state tax policy.
Sometimes the best things you can do are invisible.
Such as fighting cholera by ensuring drinking water wasn’t contaminated by sewage, as happened in London in the 1840s.
Or setting up an emissions trading scheme, which drove emissions down, despite former prime minister Tony Abbott attacking it as a “so-called market in the non-delivery of an invisible substance to no one”.
Air free from contamination is as invisible as uncontaminated water, but the case for air isn’t yet as widely accepted as it is for water.
