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When it comes to unemployment, the RBA has got it wrong

The Reserve Bank s reliance on ABS unemployment data has resulted in poor economic strategies, including the hiking of interest rates.

John halyMark david mdavidcartoonsJim chalmersJim chalmerRoy morganExchange settlementLabor partyBureau of statisticsPermanent migration programmeDepartment of employmentBank nairuthresholdReserve bankMark davidExchange settlement reservesNon accelerating inflation rateWorld war

Finding the tools to end the cost of living crisis

Finding an end to the cost of living crisis will depend on modern economic theories rather than the outdated monetary models currently in effect.

Stephanie keltonIsabella weberStony brook universityUniversity of massachusettsTorrens university australiaReserve bankNew keynesianGlobal financialCost of livingModern monetary theoryNew keynesian economicsReserve bankIsabella weberStephanie keltonGlobal financial crisisEconomic model

Rare malaria parasite found in Turkana

Turkana region was previously thought to be too dry for the mosquitoes that carry malaria-causing parasites.

Uttar pradeshEric ochomoWendy omearaKenya medical research institute kemriWorld health organisationKenya national malaria control programmeDuke global health instituteMoi universityJournal emerging infectious diseasesTurkana countyKenya medical research instituteWendyo mearaNational malaria control programmeMany africansTurkana malaria parasiteKenya malaria cases

Living in the 70s: why Australia s dominant model of unemployment and inflation no longer works

Put to the test in the past two years, the idea of a “natural” rate of unemployment has failed. There’s no need to push unemployment up to any particular rate to bring down inflation.

United statesAustralia reserveSouth australiaNew zealandPaul samuelsonMilton friedmanBill phillipsEducation libraryMelbourne university businessMelbourne universityAmerican economic associationAustralia reserve bankMonetary national income analog computerNon accelerating inflation rateReserve bankNational income analog computer

Africa timber trade still stuck in the woods

In East Africa, Kenya-Tanzania illegal trade resulted in the loss of 70,000 hectares of forests and $10 million in foregone taxes.

Sao hillKilombero valleyNairobi areaGodwin koweroReuben mwamakimbullahSuzana augustinoDoris muttaJoshua cheboiwoInternational convention on trade in endangered speciesRai ply groupAfrican forest forumDepartment of forest engineeringInternational union of conservation natureSenior programmeWood sciences at sokoine university of agricultureKenya forestry research institute kefri

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