The Global Financial Crisis
Economics & Deregulation / The Global Financial Crisis
What caused the Global Financial Crisis of 2008? What does it mean for the Australian economy, and the rest of the world? And what can we do about it?
Governments around the world are trying to spend and regulate their way out of the economic crisis. The Institute of Public Affairs has argued loudly and forcefully that the crisis may be bad, but responding to the crisis with bad policy will only make it far worse. This section collates the best IPA commentary on the crisis, its causes, and its consequences for politics and the economy.
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Publications
Editorial, March 2009
Is this the biggest financial crisis since 1987? Since the 1970s? Since the Second World War? Since the Great Depression? Since the word ‘finance' was coined? Who knows - my economist can beat up your economist. Like those American political...
So where is our GasBuddy? Can't mates be buddies too?
There is a ruthless efficiency about Kevin Rudd. The man who bewailed Brutopia's coming is as ruthless as his own caricatured ‘neo-liberals' and market forces. Even more ironically, market metaphors best describe the Prime Minister's...
Keeping up with Kevin: Kevin Rudd's testosterone technocracy
"From time to time in human history there occur events of a truly seismic significance, events that mark a turning point between one epoch and the next." If the Prime Minister's rhetoric is anything to go by, big things are brewing. He announced...
Remarks to the Senate Inquiry into the Nation Building and Jobs Plan
The Senate should reject the fiscal stimulus package in its current format. The package contains a lot of spending and little actual stimulus. The proposed spending is poor quality expenditure of Federal funding. Discretionary fiscal policy has a...
Shorts
Over-regulation What's wrong with doing nothing? Richard Allsop In the United Kingdom since the 1997 election of New Labour, 3,605 new criminal offences have been placed on the statute book. One can understand that there is the occasional need to...