The Economy, Stupid

ESG reporting restatements can inflate CEO bonuses; the challenges of quantifying global tax evasion; implementing a global minimum tax on multinationals and billionaires; the overlooked costs of driving and the rise of big cars driven by tax incentives.

Explore the economic crises that shaped globalization, including the challenges faced by European grain producers and the rise of protectionism. Learn about the influence of quarterly reporting on prioritizing short-term gains over long-term interests. Discover the challenges faced by politicians in balancing their personal careers with long-term actions and the impact of indigenous peoples on long-term thinking. Dive into the concept of long-term art projects and how they provide hope in tumultuous times.

Exploring the societal implications of relying on inheritance for property ownership, the significant increase in first home buyers receiving assistance from their parents, the high percentage of young adults living with their parents in Australia, the ongoing financial challenges faced by first-home buyers and the role of family support, the rising property prices and stagnant incomes making family help necessary, and the relationship between home ownership, financial stability, social class division, and inherited wealth.

This podcast explores the concentration of financial institutions in Australia and the dominance of index funds and private equity in the US economy. It discusses the consequences of market concentration, government policies, and potential risks of financial institutions controlling the entire economy.

Former RBA board member reflects on the early days of the GFC when financial contagion threatened the global economy. Discusses the government's white paper on jobs and opportunities and the definition of full employment. Explores the increase in golf participation due to remote work and the blurred boundaries between work and leisure.

How women and their employers are paying a big price because of menopause. El Nino weather and its impact on economic staples. What are Central Bank Digital Currencies and could they change the financial landscape?  

Exploring the uncertainty surrounding China's economy and its impact on Australia. Ongoing trade disputes between China and Australia and the impact on industries. The rise of the consumer class in Asia, particularly in China. The significance of global economic development and the increasing importance of Asia in the global economy. The decline in the consumer class in certain countries and projections for future growth. The economic impact of people forgetting to cancel unwanted subscriptions and efforts to address this issue.

Psychology behind drip pricing, concerns over shifts in Ireland's economic data, impact of multinational companies on Ireland's economy, and the potential exclusion of Ireland's data from Eurozone indicators.

Exploring the challenges and opportunities of transitioning to green energy in Australia, including the slow construction of necessary infrastructure, lack of community consultation and their impact on farming practices, developing transmission infrastructure for the green energy transition, the decreasing cost of battery technology, and the need for skilled professionals and improved coordination for the clean energy transition.

Exploring the impacts of an aging population and rising demand for care services. Challenges of workforce participation, secure and well-paid jobs, and technology's role. The transformative power of the digital revolution, investment in infrastructure, and tax reform. The purpose and shortcomings of Intergenerational Reports. The principles and constraints of Islamic banking in Australia.