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Latest book
Reclaiming the State: A Progressive Vision of Sovereignty for a Post-Neoliberal World
Co-authored with Thomas Fazi. To be published by Pluto Books (UK), September 15, 2017.
Go to the The Reclaim the State Project Home Page for more details.
Current book
Eurozone Dystopia: Groupthink and Denial on a Grand Scale – 2015
Chapter 1 – for free.
MMT Textbook – March 2016
Now available for purchase – For details.
2008 book
Full employment abandoned: shifting sands and policy failures
Available from Edward Elgar UK – click image to go to their on-line catalogue
Other Blogs
- New Economic Perspectives
- Warren Mosler
- Peter Martin – The Age
- Michael Perelman
- Bruce McFarling
- Sean Carmody
- Heteconomist
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Category Archives: Labour costs
Reliance on household debt and a lazy corporate sector – a recipe for disaster
In yesterday’s blog post – Australian national accounts – growth continues but deep uncertainty looms (September 5, 2018), my theme was that the current period of economic growth in Australia was being built on what we might consider to be … Read the rest of this entry
Posted in Economics, Labour costs, National Accounts
10 Comments
CEO pay binge in Australia continues while workers’ wages growth remains flat
The headlines in the last week summarised the inherent inadequacy of capitalism for most of us who depend on real wages growth to enhance our material standard of living in economies that are growing. The latest report from the Australian … Read the rest of this entry
Posted in Labour costs
6 Comments
New Labour Account framework in Australia provides new insights
The Australian Bureau of Statistics released a new labour market framework on Tuesday (July 10, 2018) – Labour Account Australia, Quarterly Experimental Estimates – which will improve statistical analysis and allow new conjectures to be examined against the evidence. This … Read the rest of this entry
Posted in Labour costs, Labour Force
1 Comment
Real resource constraints and fiscal policy design
There is an interesting dilemma currently emerging in Australia, which provides an excellent case study on how governments can use fiscal policy effectively and the problems that are likely to arise in that application. At present, the Australian states are … Read the rest of this entry
Low-paid workers in Australia – give with one hand, take back with the other
It is a public holiday in Australia today. Would you believe it is the annual Queen’s Birthday holiday – the Queen of England that is. How Australia maintains this colonial relic is down to progressive forces being divided on rather … Read the rest of this entry
Posted in Labour costs
7 Comments
Now people pay to work for free
I am back on my regular pattern which means there will be no detailed Wednesday blog – just some snippets if anything. This morning, I did a radio interview on the national broadcaster (ABC) about the growing spread of unpaid … Read the rest of this entry
Posted in Labour costs, Music
15 Comments
Welcome to the ‘homeless’ working poor – a new neoliberal KPI
In advanced nations, poverty used to be a thing of old age, once income had stopped due to retirement and savings depleted. Old-aged pension systems were intended as Welfare States emerged to prevent that fall into poverty. The pension systems … Read the rest of this entry
Posted in Future of Work, Labour costs
11 Comments
Employers lying about the flat wages growth in Australia
Last Friday (February 8, 2018), the Reserve Bank of Australia issued its latest – Statement on Monetary Policy – February 2018 – which in its own words “sets out the Bank’s assessment of current economic conditions, both domestic and international, … Read the rest of this entry
Posted in Labour costs, RBA decisions, Reclaim the State
2 Comments
Australian real wages growth flat – the ripoff of workers continues
Today (November 15, 2017), the Australian Bureau of Statistics (ABS) released the – Wage Price Index, Australia – for the September-quarter 2017. Private sector wages growth was marginally higher in the September-quarter at 1.86 per cent (annualised) after six consecutive … Read the rest of this entry
Posted in Labour costs
3 Comments
Retail sales dive in Australia – neoliberal contradictions now obvious
This neoliberal era has a habit of getting ahead of itself and exposing its internal contradictions. In fact, the Capitalist system, as Marx, Keynes and others have demonstrated, it inherently inconsistent. The imposition of neoliberalism has only heightened those inconsistencies … Read the rest of this entry
Posted in Economics, Labour costs
5 Comments
