The concept of productivity, including those for labour, capital and multi-factor productivity (MFP) are central to economic discussion about national economic performance, government policy and income distribution. There is common agreement that productivity growth has been, and remains, [...]
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Internationally renowned Australian political economist Geoffrey Harcourt died, aged 90, on 7 December 2021. The editors of Progress in Political Economy and the Journal of Australian Political Economy honour his contributions. His writing ranged over diverse fields, including national income [...]
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China’s Belt and Road is not an infrastructure project. With the external industrial policy International Capacity Cooperation being now unwound and Belt and Road floundering as the guiding foreign economic policy, the intercontinental containerised China Rail Express (CR Express) is sitting on [...]
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The mission of D-Econ (Diversifying and Decolonising Economics) is to promote inclusivity within the content and institutions of the economics discipline due to the dominance of Eurocentric thinking. This situation has occurred because of the longstanding exclusion of alternate views—based on [...]
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For several years now the Reserve Bank of Australia (RBA) has been responding to declining levels of enrolments in the study of economics by diligently extolling the personal and societal benefits of studying economics and by producing research on the topic of falling enrolments. For [...]
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In 2006, Tony Lawson proposed a conception of the nature of heterodox economics. He argued that what unites the otherwise ostensibly disparate collection of schools of thought that come under the banner of heterodoxy is a desire to study economic phenomena in accordance with our best [...]
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