Steven Hamilton

Labor’s climate policy slakes the thirst of economic rationalists hanging out for someone – anyone – to deliver a rational response to the climate challenge.

Military spending is being rapidly rethought around the world. But effective defence needs far more than just a higher share of GDP.

Energy bill relief increases real disposable income and boosts aggregate demand. We can debate how far they push inflation, but not that the direction is up.

There is a lot of crazy economic policy being spruiked by both sides of American politics, but thinking people know serious, substantive policy debate will take place next year.

If the government had taken belt-tightening decisions 2½ years ago to help lower inflation, Australians’ living standards would be better today.