Articles from Club Troppo
This is a pretty weak study, but even so, it’s certainly pretty plausible that poverty depresses productivity. And the effect could be quite substantial. <irony>Which would explain why business is pretty strongly campaigning to minimise poverty in our society as part of its overall push to promote productivity enhancing reform …</irony>
An article in today’s Northern Territory News (online version marked “premium” – I read the paper version while sipping co
The latest National Accounts release confirms the lack of growth in Australian household incomes. Is this the start of a new era of stagnant incomes? In recent years GDP has continued to increase (save for a small drop at the end of 2016), but household incomes have hardly grown at all over the last half-decade.
Consider this statement:
Services will continue to make a growing contribution to economic activity in Australia. It is therefore important to remove unnecessary restrictions on service provision — particularly barriers to entry and expansion that impede competition.