Tag Archives: Economic policy

Marxism versus the mainstream: rethinking the economic crisis

The current economic crisis has renewed interest in alternative economic ideas. Most conspicuously, Keynesianism has returned from the margins. Unfortunately, particularly in Europe, policymakers quickly abandoned deficit spending programs for austerity and the economic orthodoxy rejected in the Great Depression. Marxism has also enjoyed a modest revival. It remains a more profoundly unacceptable discourse. Amongst […] … learn more→

A role for universities in halting the death of manufacturing

Over the last few weeks, the cost of upheaval in the manufacturing sector has become ever more visible. BlueScope Steel is to shed 1,000 employees while OneSteel has announced the loss of 400 manufacturing jobs. Losses such as these are inevitable and will continue as the Australian manufacturing sector adjusts to a changing economic landscape. […] … learn more→