Economics

Gideon Haigh reviews 'Bullshit Jobs: A theory' by David Graeber

Gideon Haigh
25 June 2018

Recently I solicited impressions of his job from the new head of external affairs at a big financial organisation. What had struck him first was the manpower at his disposal. The total hea More

Richard Walsh reviews 'Fair Share: Competing claims and Australia’s economic future' by Stephen Bell and Michael Keating

Richard Walsh
24 May 2018

This is not a book with immediate appeal for the general reader, who is likely to be deterred by the denseness of its analysis. That is unfortunate, because its message deserves to be wide More

Rémy Davison reviews 'The Big Four: The curious past and perilous future of the global accounting monopoly' by Ian D. Gow and Stuart Kells

Remy Davison
24 May 2018

What’s an accountant’s favourite book? 50 Shades of Grey. But in a world of transfer pricing and Special Purpose Entities, suddenly accounting isn’t funny anymore. A 1976 Co More

Geoffrey Blainey reviews 'A Little History of Economics' by Niall Kishtainy

Geoffrey Blainey
30 August 2017

For maybe one century the subject called Economics was monarch of the social sciences. Then the Western world was poorer than it is now, and many economists promised to find a pathway towards the abolition of hunger and unemployment. They also hoped to abolish war: the eager ideologies of free trade were believed by their disciples to be long-term recipes for intern ... More

Simon Tormey reviews ‘Adults in the room: My battle with Europe’s deep establishment’ by Yanis Varoufakis

Simon Tormey
23 July 2017

The blurb on the back of the book describes Varoufakis as ‘the most interesting man in the world’. It is a wonderful epithet and might even be true considering the interest that Varouf More

Adrian Walsh reviews 'The Production of Money: How to break the power of bankers' by Ann Pettifor

Adrian Walsh
31 May 2017

What is money, how do we create it, and how politically significant is its production? In The Production of Money, political economist Ann Pettifor makes the striking claim that the way we currently produce money gives rise to one of the most substantial challenges facing Western democracy. But how could this be so? Money is produced by printing presses and ... More

Peter Acton reviews 'Money Changes Everything: How finance made civilization possible' by William N. Goetzmann

Peter Acton
23 August 2016

Given the damage done to the global economy by the finance industry this century, and the apparent determination of its major players to keep on doing it, this would ...

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Simon Tormey reviews 'Chronicles: On our troubled times' by Thomas Piketty

Simon Tormey
22 July 2016

Thomas Piketty is of course the French economist who shot to fame, somewhat improbably, on the back of an 800-page tub thumper Capital in the Twenty-First Century ...

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Reuben Finighan reviews 'A Banquet of Consequences: Have we consumed our own future?' by Satyajit Das

Reuben Finighan
26 April 2016

Visions of the future are always forged within a present. The Great Depression led sober economists to wonder whether capitalism and economic growth had come to an end. Golden Era economists of the 1950s and 1960s, confident they knew better, promised that the formula for permanent growth had been discovered. In the 1970s a combination of high inflation and unemploy ... More

Mark Triffitt reviews two books by George Megalogenis

Mark Triffitt
22 April 2016

Compared to the epic narratives of America and Europe, our story can seem rather unglamorous. Australia's 'tyranny of distance' from the seismic events of world history induces a vague sense that Australians labour under a certain tyranny of irrelevance. Perhaps we don't look hard enough to appreciate what is unique about our past. Or is is that our innate sense of ... More

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