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Articles from Peter Martin

GDP is like a heart rate monitor: it tells us about life, but not our lives

December 1, 2021 - 17:01 -- Admin

How much cash would you need to be paid to agree to live without a smartphone for a year?

If you are like the typical American, the answer is US$10,000 – which is far, far more than what we are actually charged for having and using smartphones.

How much would you need to be paid to live without a computer?

‘Can-do capitalism’ is delivering less than it used to: 3 reasons why

November 24, 2021 - 16:57 -- Admin

The good news is supposed to be that when the government gets out of the way “can-do capitalism” will have us roaring back to where we were before.

That’s the prime minister’s newest slogan, and we had better hope for more.

The unpleasant truth is that before the pandemic Australia’s economy was disturbingly and unusually weak. Can-do capitalism wasn’t doing what it should.