Economists have regularly debated the role of government as a driver of the economy since the Covid-19 pandemic. The most common data point is the contribution of the government to overall economic activity. As the chart below illustrates, over most of the last 40 years, the proportion of GDP derived directly from government generally moved
A Holocaust Museum in Los Angeles has deleted a social media post featuring a slogan long associated with the Holocaust after some people claimed it alluded to the war in Gaza.
Australians are fed up with the immigration-led economic model. It’s in every poll. Australian Population Research Institute: 54% want lower immigration; Newspoll: 56% want lower immigration; Essential: 54% believe Australia’s population is growing too fast and 64% believe immigration is too high; Lowy: 54% of people think the total number of migrants coming to Australia each year is too
Prime Minister’s are dropping like flies as the French government collapsed overnight, which followed the resignation of Japanese PM Ishiba over the weekend. The market reaction has been contained more or less with traders actually positioning to see how Trump will react on anti-social media to the release of the latest Epstein evidence and try
The post Macro Morning appeared first on MacroBusiness.
Regulator outlines fears of AIs and battery trading collusion, but home batteries could save the day
Real per capita household disposable income is arguably the most accurate measure of individual living standards. OECD data showed that in the decade to the March quarter of 2025, Australia experienced the poorest rise in real per capita household disposable income among major English-speaking nations. Australia’s real per capita household disposable income increased by only
US Treasury Secretary Scott Bessent has stated that the US and the EU will work together on sanctions that will eventually collapse Russia’s economy. Mr. Bessent has stated that the EU should also impose secondary sanctions and tariffs on Russia’s trading partners, as that would surely bring Russian President Vladimir Putin to the negotiating table.
Australia has frozen itself in the posture of a colonial vassal. The half-century agreement with Britain on nuclear submarines is not a “step toward security” but a stamp of subordination in the archive of the Anglo-American empire.
AUKUS in the Shadow of Regional Resistance
BY Rebecca Chan
Broadcaster Kel Richards has lamented the “tragic” death of the Australian backyard in a segment on Sky News. “Figures came out … in which they showed there are relatively fewer standalone homes being built and far more high rise apartment blocks being built”, Richards said. “I call the death of the great Aussie backyard, I
The post The ‘death of the backyard’ is inevitable appeared first on MacroBusiness.
Ross Gittins wins 2025 E.J. Craigie Writing Award for the best article reflecting the ideas of Henry George. Prosper Australia is pleased to announce Economics Editor for The Age/Sydney Morning Herald, Ross Gittins, as the recipient of the E.J. Craigie Writing Award for 2025 for his article: Productivity Commission wants our big mining companies to […]
