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Having a ‘Big Government’ Depends on the Definition
In the lead-up to the federal budget the government has made it clear, it sees the long-term task of fiscal management in terms of cutting expenditure rather than raising...
The Nascent Digital Business Revolution in Australia
Digital disruption is a phrase increasingly bandied about when it comes to the Australian economy, but how deeply do digital technologies really penetrate our industry. Digital disruption is a...
Attempting a New Ideology at the Latest World’s Fair
Greta Gabaglio / Shutterstock.com Greta Gabaglio / Shutterstock.com Expo 2015 opened in Milan on May 1 – the latest of the five-yearly world’s fairs where the nations of the...
Breaking the EU’s Crisis to Crisis Cycle
Just months since taking power in January, Greek’s Syriza coalition faces obstacles at every turn, from an intransigent European Central Bank to an unyielding European Council. The ECB in...
Data Show a Drop in UK Living Standards, Unless Your Rich
The state of living standards in the UK has been a hotly contested issue in the build-up to the country’s general election. The coalition government has argued that living...
An EU without a UK?
“We would be substantially better off not being in the EU because the opportunity cost of us not being able to make our own trade deals with the emerging...
There is More to the Minimum Wage than a “Living Wage”
On April 1, in an announcement that just a year or two ago might have been seen as an April Fools’ prank, McDonald’s said that by July 1 it...
Ningxia Could Be The Starting Point for Islamic Finance in China
Islamic finance has been growing rapidly across the world in recent years. Today, the operation of Islamic banks and their associated financial institutions has created a trillion-dollar industry and...
What Now That the NFL is No Longer Non-Profit?
Recently, the National Football League (NFL) announced it was giving up its nonprofit status. This is a much-coveted designation because it exempts the entity from taxation. Some lawmakers have...
A Ring-Side Seat for a Lesson in Economics
Photo: Kobby Dagan / Shutterstock.com Photo: Kobby Dagan / Shutterstock.com When Floyd Mayweather and Manny Pacquiao meet at the MGM Grand in Las Vegas for their long-awaited fight on May 2,...