Category Archives: Economic theory

Budget vision

By Warwick Smith No other event equals the release of a federal budget for a clear statement of what the government really intends for the country. Almost everything else they do is smoke and mirrors. The budget tells us who … Continue reading

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Great article by Tim Thornton in today’s Age on the problems with economics eduction

I couldn’t agree more with what Tim writes here. Having a background in science when I studied undergraduate economics at the University of Melbourne I was shocked by the uncritical adherence to flawed assumptions that was taught to undergraduates and … Continue reading

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My Op-ed on productivity in today’s Canberra Times

Longer hours means lower productivity for the public service Originally published in The Canberra Times Date: May 6, 2014 Warwick Smith Job security in the public service is declining and conditions are under assault. Recently we’ve heard the federal government … Continue reading

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Resource rent tax – radio interview

I recently appeared on “On the money” on 2ser in Sydney (and other stations around the country through the community radio network).  I was explaining what a resource rent tax was and how it worked. As usual with this topic, … Continue reading

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Op-ed in The Age: Treasurer’s agenda running out of truth

This article originally appeared in The Age. Treasurer’s agenda running out of truth by Warwick Smith Joe Hockey has been talking non-stop about how the country is running out of money for Medicare, for the ABC, for welfare and for … Continue reading

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Addictive taxes, resources and gambling

I’ve written recently about the desirability of a resource rent tax for Australia. However, it’s not a simple issue and there are some potential pitfalls. Possibly the most important of these is the risk that governments will become addicted to … Continue reading

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Want to be healthy, wealthy and wise? Pay more tax.

The consistently measured and sensible Ken Henry this week criticised both major parties for promising not to raise taxes. The Labor party has promised not to increase the total federal government tax take beyond 23.5% and the Coalition have promised … Continue reading

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