The Economy
Insights and innovations in the world of work and business
The Economy
Insights and innovations in the world of work and business
The shift to thrift
Economists and politicians are warning that Australian society is entering a time of austerity after a long and prosperous age of consumption – but what exactly does this look like?
Jobs crisis: when will Australians work again?
The upheaval in the labour market due to COVID-19 has highlighted the structural differences that exist among the unemployed in today’s society, explain Macquarie Business School researchers Dr Lurion De Mello and Dr Prashan Karunaratne.
What are market bubbles and can they be popped?
A newly-published paper says it could be possible to eliminate bubbles and crashes in financial and housing markets. Professor Maroš Servátka, Director of Macquarie Business School Experimental Economics Laboratory, explains how innovative trading rules could solve the problem.
Australia's COVID-19 success so far: a victory for optimism?
Research by Professor Steven Grover of Macquarie Business School shows the more optimistic you are, the more likely you’ll believe that rules, such as social distancing, work.
COVID-19 and the downsides of a cashless society
Cash may no longer be king during the time of coronavirus, but let’s not rush to a pure digital currency, says Dr John Selby from the Macquarie Business School.
A new way of life: the great substitution effect of 2020
Our daily routines have had to adapt and change due to COVID-19, marking one of the most significant structural shifts in Australian life.
The coronavirus has changed work forever
Like most developed nations, Australia has embraced working from home in recent weeks. It’s an experiment that will have lasting and profound consequences, says Dr Sarah Bankins from Macquarie Business School.
Seven positive outcomes of COVID-19
From recovering ecosystems to new ways of learning, there are silver linings to the global pandemic, writes Professor Debbie Haski-Leventhal of Macquarie Business School.
Oil tanks, driving prices into uncharted waters
PLEASE EXPLAIN: Even as major oil-producers have agreed to cut output amid a massive glut, this hasn’t prevented the US oil price falling into negative territory for the first time ever. Dr Lurion De Mello explains how this happened.
How to manage extreme economic events during times of uncertainty
Lessons from earlier crises show how best to keep the economy running during the current COVID-19 outbreak. David Orsmond, Professor of Economics at Macquarie Business School, explains.
Lockdown learning: online innovation keeps Gen Z focussed
Today’s undergraduates have a very different mindset from their Millennial and Gen X predecessors, and the outbreak of COVID-19 just means some universities already have an edge when it comes to new teaching techniques.
Coronavirus sees companies deliver for the greater good
Covid-19 presents an opportunity for businesses to own their social responsibility and show the depth of their commitment to society. Professor Debbie Haski-Leventhal from the Macquarie Business School explains.