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Out of Maneuvering Room
When Alexis Tsipras walked into the meeting with the remaining 18 Eurozone leaders at the weekend, he may have had in mind, not a line from Greek antiquity, but...
The U.K. Budget: Challenging Osborne’s Claims about Taxes
Those with the broadest shoulders are bearing the greatest burden. George Osborne, chancellor of the exchequer, in his budget speech on July 8. The chancellor’s claim is a difficult...
Overtime Pay Rules Overhaul Overdue
Late last month, President Barack Obama took a step around the longstanding congressional gridlock over labor and employment policies by announcing a plan to boost the salary threshold governing...
An Affordable Housing Solution in Australia is to Get Small
Housing affordability is a perennial problem in Australia and has worsened significantly over the past three decades. Housing affordability is a perennial problem in Australia and has worsened significantly...
The Experimental Method is a Key Tool in the Economists Toolbox
Experimental economics is not really a new theory but a (still) relatively new method of studying the kind of questions that economists have studied for ages. However, the addition...
Tsipras Delivers His Pitch, But is it a Hit?
From bailout to default, then referendum and lack of a bailout, Greece and the Eurozone’s troubles continue. While Greece has been on the brink of exiting the Eurozone as...
Turning Australia into a Lean, Mean, Resource Machine
Good times for Australia kept rolling whilst prices and demand for our resources were high. However, boom-time is on the wane, manufacturing is squeezed, and it is time for...
Grabbing a Ride in Indonesia is Uber-Easy
People in Indonesia’s capital Jakarta, where public transport is poor and the traffic horribly congested, have eagerly welcomed ride-hailing apps such as Uber for car rides and Gojek for...
Don’t Bother Asking the SEC about Political Contributions
The House Committee on Appropriations recently adopted a budget for an assortment of financial agencies. Tucked inside the 150-plus pages of legislative prose is a provision denying the Securities...
Greece’s Lesson that Cash Remains King
As the world waits to see the outcome of negotiations between the Greek government and its creditors, our attention draws to the fragility of money by the ATM queues...