Here’s a wicked political dilemma: When faced with the choice, do you tell a hard truth and risk losing votes, or mouth a popular mantra and lose your soul?
New industry alliance urges more countries to follow Indonesia and Latin America’s lead
Javier Milei promised the most fascinating liberal economic experiment the world has seen in a long time.
Business needs to push back harder on efficiency-busting IR laws. It must challenge head-on union claims that shorter working hours for the same pay is somehow good for productivity.
A “culture of dependency” has lifted spending to its highest level since World War II, and the National Disability Insurance Scheme is the chief culprit.
High costs and inefficiency are the opposite of productivity
“Government is not the solution to our problem; government is the problem.” So said president Ronald Reagan, famously or infamously depending on whether one is a believer in big government or not.
Rio Tinto’s new chief executive, Simon Trott, departs his iron ore-specific role with storm clouds lingering over the company’s capacity to hit full-year guidance.
Thank goodness Argentina’s charismatic, libertarian President, Javier Milei, didn’t listen to mainstream economists. He appears single-handedly to have revived his nation’s economic fortunes, after decades of misery, by doing precisely the opposite of what some of the world’s most eminent economists advised.