Monthly Archives:: July 2006

Federalism: a bulldozer job

The state slice of Australia’s total tax revenue hasn’t just shrunk; it’s been bulldozed. Kirk McKenzie thinks it’s time the states stopped taking it lying down
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What we (actually) do in markets

Much of economics and therefore of public policy is based on assumptions about what people do in markets. Behavioural economics (BE) is a discipline which looks at our actual behaviour in markets, and Louise Sylvan argues that it’s a much sounder economic basis for public policy than abstract theories about rationality
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