Economics

Should Australian progressives pay attention to George Lakoff?

We live in a post-fact world. I assert this for two reasons. Firstly, because it crystallises the conservative approach to public discourse, which is largely exemplified by lying, lying loudly and lying often. Secondly, because increasing scientific research demonstrates that most people don’t use facts and evidence to form views and attitudes, or influence behaviour. …

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Why we need a job guarantee in Australia

Victorian Labor released a policy document entitled “Labor’s Plan for Jobs and Growth” in November, detailing some “practical and affordable initiatives” to “kick-start” the Victorian economy. It’s opening paragraph highlights the importance of a job: A job provides dignity, a sense of purpose, a productive contribution to the community and an income to support a …

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Can we please bust the myth of shareholders as company “owners”?

Over in the UK, David Cameron is trying a bit of populism by calling for outrageous and excessive CEO salaries to be tightened. He proposes to do so by allowing shareholders to “binding” vote on CEO bonuses: David Cameron confirmed the move and said he was determined to end the “merry-go-round” of super-rich bosses rubber-stamping each …

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