Economic elite welcome two new members
Oliver Hart and Bengt Holmström were awarded the 2016 Nobel Prize in Economics. Edmund Kemsley explains why.
National | World | Economic History | Pop Eco | Interactive Articles
Road to Ruin: The Economic Case for choosing NOT to host the Olympic Games
“Faster, Higher, Stronger”? Edmund Kemsley explains why hosting the 2016 Summer Olympic Games will not make the local and national economic prospects stronger in Brazil.
Why lemons don’t always make lemonade: The importance of information asymmetry
Is perfect completion feasible in a world where there is imperfect knowledge? Edmund Kemsley explores how information asymmetry can lead to market degradation and, in extreme cases, failure.
This article first appeared in Short Supply 2016 – check out the full magazine via the Short Supply tab at the top of this page!
Re-examining the housing market
Edmund Kemsley breaks down housing bubbles and considers whether the various ingredients are present in Australian or if all the talk about an imminent crash is just hot air.
Free Parking? No Such Thing
Edmund Kemsley gives the economic rationale behind Monash University’s unpopular parking system. The verdict? It could be worse.
The Responsibility to Ratify: Why the TPP is Crucial to Australia's Future
Edmund Kemsley examines the merits of the TPP and explains why the agreement is good for the economy as a whole.