Mon, 25/09/2023 - 04:55
Australia’s main Active Labor Market Program, the Duttonesque sounding “Workforce Australia”, is the latest iteration of a long line of models for Employment Services inflicted on the unemployed since the demise of the CES 25 years ago. It’s yet another Morrison government turd that the Albanese government should have flushed away the minute the ink Continue reading »
Sun, 27/08/2023 - 04:57
Not enough action to preserve our forests and not enough action to prevent bushfires. Less than twelve years before we hit 1.5o of global warming. Bushfires – how many warnings do we need? The fires in Hawaii have prompted David Bowman, Professor of Pyrogeography and Fire Science at the University of Tasmania, to revisit the Continue reading »
Thu, 17/08/2023 - 18:00
Harvey Daniell and Andre Moreira The latest developments in the labour market are often central to monetary policy decisions. We outline a framework for mapping labour market indicators to near-term employment and pay growth, drawing on established insights from the ‘nowcasting’ literature. The key benefits of our approach are: the ability to map a range … Continue reading Forecasting near-term trends in the labour market
Thu, 13/07/2023 - 04:55
The Robodebt scandal reflects badly on the Australian Public Service generally, and not just on those immediately responsible. The main focus of the Report by the Royal Commission into Robodebt and subsequent publicity and comment has been on the illegality of the scheme. But as has been observed by some Liberals, the illegality could readily Continue reading »
Tue, 11/07/2023 - 04:54
The implementation of universal high-quality early childhood education could be a game changer for Australian families and the economy. The importance of quality schooling has long been recognised by government and society. In contrast, the role of early childhood education has historically been undervalued. Recently the pandemic highlighted the importance of early childhood education and Continue reading »
Sun, 09/07/2023 - 05:38

Catherine Armstrong [1], The University of York, 2023   Introduction The Universal Basic Income (UBI) guarantees every adult an income. The Job Guarantee (JG) provides employment to everyone willing and …

The post Should we favour a Job Guarantee over a Universal Basic Income as a means of achieving a more socially just society? appeared first on The Gower Initiative for Modern Money Studies.

Tue, 04/07/2023 - 06:59

MMT strips way the veil of neo-liberal ideology that mainstream macroeconomists use to restrict government spending. We learn that these constraints are purely voluntary and have no intrinsic status. This …

The post While opposing political parties play the fiscal credibility game, people get hurt. appeared first on The Gower Initiative for Modern Money Studies.