Economy

Created
Sat, 20/04/2024 - 04:50
Chinese smartphone maker Xiaomi recently unveiled its first electric vehicle (EV), the SU7, igniting a spark of excitement. At the launch event, Xiaomi’s founder and CEO Lei Jun, whose vision includes creating “a dream car on a par with Porsche and Tesla,” said that from design to batteries, intelligent driving to cockpit controls, the SU7 Continue reading »
Created
Fri, 19/04/2024 - 04:55
This is the first of three articles discussing how the benefits of technological progress are shared, and thus determine the distribution of income and influence our economic and social structures. This first article focuses on how these benefits have been shared historically. Throughout history the growth in living standards has come from increasing productivity and Continue reading »
Created
Fri, 19/04/2024 - 04:56
When she introduced the first NDIS legislation to the House of Representatives in 2012 Prime Minister Julia Gillard said it was to replace “A system that metes out support rationed by arbitrary budget allocations, not real human needs”. It was a radical break with other forms of welfare assistance because it put the human rights Continue reading »
Created
Wed, 17/04/2024 - 04:50
Despite challenges, including the lingering impacts of the COVID-19 pandemic and structural concerns, voices from within the business community underscore a robust economic outlook. Having lived in Beijing, China’s capital, for more than 10 years, it does not surprise me to see people hurry to work with cups of Starbucks coffee. The coffee-drinking culture has Continue reading »
Created
Tue, 16/04/2024 - 04:54
One month ago, three Extinction Rebellion protesters led by Deana ‘Violet’ Coco blocked the Westgate Bridge to deliver a desperate plea to all Australians. ‘Climate Breakdown has Begun.’ ‘Declare a Climate Emergency!’ they urged. Despite 1.15 degrees of warming confirmed in 2022 and the drastic effects of climate change currently affecting global communities, the Federal Continue reading »
Created
Sat, 30/03/2024 - 04:56
The contribution of nuclear power to electricity generation is the lowest for thirty years and its price twice that of renewables. It crackles like a Geiger counter in a uranium mine: in 2023, Emmanuel Macron announced plans for six additional EPR [European Pressurised Reactor] nuclear power plants. Hang on, no, perhaps fourteen in the long Continue reading »