Teaching too important to leave to teachers
The more we enhance our natural capital and our human capital, the better placed we're likely to be.
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Ross Gittins
Ross Gittins is economics editor of the SMH and an economic columnist for The Age. His books include Gittins' Guide to Economics, Gittinomics and The Happy Economist.
A return to world trade's glory days appears unlikely
One thing you can be sure of is that international trade grows much faster than the world economy. Except that it seems to have stopped.
How Treasury lost the plot on economic reform
Treasury will continue to flounder and its influence wane until it switches its goal from smaller government to more effective government.
Four reasons the great American dream is dying
Recent political shocks – Brexit, Trump and the failure of Theresa May – are prompting much soul-searching and rethinking among the world's leading economists.
Labor's professed preference for policy purity is phoney
For the growing number of us who care more about good policy and effective governance than party loyalties, the news isn't good.
Stormy times for an economy in the doldrums
There's no denying the economy has slowed down, by far more than we were expecting. But don't conclude it's likely to subside into recession any time soon.
When profits eat wages we all pay the price
It's too early to be sure, but not too early to suspect that, if we and the other developed economies keep travelling the way we are, conventional wisdom about what constitutes good economic policy may soon need to be turned on its head.
How Treasury spends billions without hitting key deficit
One of the most significant, but least remarked upon, features of this year's budget is Malcolm Turnbull's decision to greatly expand the government's involvement in the construction of public infrastructure.
Our universities aren't earning the money we give them
Sorry, but the small funding cuts imposed on the universities in the budget don't rouse any sympathy from me.
How the budget scare was $150 billion too big
Before the budget Treasurer promised 'good debt' and 'bad debt'. What we got was more sensible.
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