In the third and final instalment of his series on the economics of wellbeing, Geoff Davies takes on the monetary system and argues that that our debt-burdened money supply is distorting and destabilising the economy.
The current system of international drug patents is driving the interests of pharmaceutical companies and those of patients apart, write Tiziana Torresi and Laura Valentini. They introduce a bold new plan for reorganising incentives in the medical research industry
Geoff Davies explodes the myth that we should sit back and trust the market. He explains that markets rarely operate the way that standard economic theory says they will and that speculation destabilises markets and siphons wealth away from the… more
George Quinn hopes that the recent troubles in East Timor will force the ideologues and activists to adopt a pragmatic approach to the problems that beset the young democracy. According to Quinn there are crises in security, the military and… more
Ben Eltham calls for an urgent rebalancing of our cultural investment away from big organizations and towards the creative human capital of our sector. At present individual artists receive 6.3% of Australia Council grant funding, with the rest going to… more
The right to strike in political protest is a legitimate human right that should be protected in law, writes Chris White. White explains the importance of this right to freedom of association and expression and to preserving human dignity. He… more
In anticipation of next week’s COAG meeting and following the Treasurer’s comments on federalism earlier this week, John Menadue introduces a report commissioned by the Victorian Government that calls for Australian Partnership Agreement between the States and the Commonwealth. Menadue… more
Every fortnight the Centre for Policy Development Policy will link to recently published items – reports, commentaries, discussion papers or submissions to parliamentary inquiries – that inject bright ideas into current policy debates. This fortnight's pick: Striking a balance between… more
After outlining the benefits of early childhood investment, Dr Michael Rice calls for responsibility for the area to be assigned to one person. He also calls for a innovations such as child impact statements.