Description
The closure of Australia’s border to immigration has provided a rare chance to assess in stark terms how important immigration is to Australia. So far, unemployment is at record lows and we’re spending money at home. While there may be short term benefits – what are the longer-term implications?
Guests:
Saul Eslake, Corinna Economic Advisory, former chief economist of ANZ Bank and of Bank of America Merrill Lynch
Gabriela D'Souza, Senior Economist, Committee for Economic Development of Australia
Economics is called the dismal science in part because it is about hard choices — situations where we can't have our cake and eat it too. Last year it seemed as if COVID wasn't one of them. Keeping the virus at bay gave Australia one of the world's lowest death tolls and one of its shortest...
Published 09/16/21
Professor Richard Thaler has spent his career investigating how people really behave – how we save for retirement, what we choose to eat, how we use energy. Through understanding the many reasons for human misjudgement, such as being too optimistic, or facing too many choices, Richard Thaler's...
Published 09/09/21