MMT is usually placed in a frame - it's "just crude Keynesianism", or it's "just a restatement of Lerner's 'Functional Finance'". But a more analytical approach brings more insight.

How Pettis bewitches accounting identities with normative and causal force, minimising both Chinese success and Western failure... And why he is nonetheless right to care about global imbalances.

Australia's working-age "income support" payments - JobSeeker, Youth Allowance, Parenting Payment, AusStudy and ABSTUDY - are indexed twice-yearly to the Consumer Price Index (CPI). This contrasts wit...

How the Promise of Renewable Energy Abundance Prevents its Realisation... and other related paradoxes.

Pillar 1 of the AUKUS agreement, signed between America, Australia and the UK, has two elements: (i) Australia acquiring UK-designed nuclear-powered attack submarines and (ii) the rotational basing of...

Australia’s 50% CGT discount allows individual investors to pay tax on only half of any capital gain from assets held longer than 12 months. Introduced in 1999 as part of the Howard Government’s respo...

The display of bills hosted on the forum.

On 13 December, following more than a year of media discussion and debate around the Coalition's nuclear vision, Frontier Economics released the economic modelling in support of it. We are now in a po...

A forum for discussing bills currently before the Australian Parliament, and policy ideas that would improve the country.