I just recorded a radio interview for ABC Toowoomba on the dairy farmers’ campaign against supermarkets selling milk for $1. Here are my notes for the discussion Consumer prices have increased 20 per cent since 2010, when the milk price was $1.30/litre, so to maintain the real price, the current price would have to be around $1.56. Dairy producers in Australia have been under continuous pressure to increase herd size and reduce costs, with those unable to do so having to leave...
Read More »Reciprocating Hanson’s boycott (reposted from 2017)
I posted this in 2017. Not many people agreed with me, but I think my positiion has been justified by events. Hanson and One Nation have no legitimate place in public life. Apparently, Pauline Hanson and One Nation are refusing to vote for any government legislation until the government intervenes on the side of canegrowers in a dispute with millers and marketers* Coincidentally, I was considering the question of how to deal with Hanson’s presence in the Senate and came up with the...
Read More »The case for higher wages
I’m a signatory of a public letter on the benefits of stronger wage growth this morning, organized by the Centre for Future Work. In support of the letter, I said For decades, government policy has been designed to weaken unions and push wages down. It’s time to put that process into reverse. A list of all the signers is at this web site: https://www.futurework.org.au/wages_open_letter. That site also contains a media release that was distributed to reporters this morning,...
Read More »Ultra low wage growth isn’t accidental. It is the intended outcome of government policies (updated)
That’s the headline for my latest piece in The Conversation, my contribution to a three-part series mini-symposium on Wages, Unemployment and Underemployment presented by The Conversation and the Academy of the Social Sciences in Australia. Key quote For more than forty years, both the architecture of labour market regulation and the discretionary choices of governments have been designed with the precise objective of holding wages down. These policies have been highly...
Read More »Sandpit
A new sandpit for long side discussions, conspiracy theories, idees fixes and so on. Like this:Like Loading...
Read More »Monday Message Board
Another Monday Message Board. Post comments on any topic. Civil discussion and no coarse language please. Side discussions and idees fixes to the sandpits, please. If you would like to receive my (hopefully) regular email news, please sign up using the following link http://eepurl.com/dAv6sX You can also follow me on Twitter @JohnQuiggin, at my Facebook public page and at my Economics in Two Lessons page Like this:Like Loading...
Read More »Closed borders
Reversing its position for the second time in about a week, the Morrison government has refused entry to Milo Yiannopoulos, known, among other things, as a promoter of “ironic” Nazi trolling of the kind practised by the Christchurch murderer, whose actions he implicitly endorsed, describing the victims as practising a “barbaric and evil “religion. This isn’t a free speech issue: Yiannopoulos’ repulsive statements are still freely published here, and there has been no attempt to...
Read More »The student strike and the social compact
Large numbers of school students have gone on strike today to protest about global inaction on climate change. This action has been met with a lot of huffing and puffing to the effect that students should stay in school and leave politics to adults. Ideally, this would be the correct view. Part of the social compact of democracy is that the adult voting population should take account not only of their own interests but those of children who currently can’t vote and of future...
Read More »The Future of Work
The slides from my Keith Hancock lecture at ANU, which I gave last week, are here. More on this soon. Like this:Like Loading...
Read More »Why is carbon pricing so hard?
I’ve just published a piece in Aeon (an excellent and free online magazine) drawing on the analysis in my (about to be published) book Economics in Two Lessons. I make the case that carbon pricing, whether through a tax of an emissions trading scheme, is the most cost-effective way to stabilize the global climate. Moreover, it’s straightforward to offset any adverse effects on low-income earners, displaced workers and others. That raises the obvious question: if carbon pricing is so...
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