Alan Kohler is one of Australia’s most experienced commentators and journalists. Alan is the founder of Eureka Report, Australia’s most successful investment newsletter, and Business Spectator, a 24-hour free business news and commentary website. He also hosts Inside Business, a half-hour Sunday programme on the ABC, is the finance presenter on the ABC News - and producer of the nightly graph (or two).
In this week’s essential reading guide Kohler devises a quick fix to ballooning super charges, Gawenda charts capitalism’s new era, Bartholomeusz watches as NBN Co ups the ante and Burgess explains Hockey’s pensions debate.
Contrary to the RBA's primitive belief, there's more to controlling the economy than tinkering with the interest rate. Rates alone won't correct the conflicting signals emitted by the housing bubble, the dollar and inflation.
The devastating economic effects of using austerity measures during a private sector downturn are very clear in Europe. Calls for Australia to do the same to address the budget deficit are misguided and dangerous.
Research suggests when an issue is politically charged a high level of numeracy works against understanding it. This explains why many economists still ignore the numerical evidence of what caused the GFC.
Larry Summers has argued that we are entering a period where the only way economies will be kept afloat is through debt-driven bubbles. Classical economists say debt shouldn't matter but history tells a different story.