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Articles from Club Troppo

Poverty and Productivity

March 5, 2017 - 21:14 -- Admin

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>

The new income stagnation?

March 3, 2017 - 12:38 -- Admin

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.