Christopher Craig - Economics Students Society of Australia

Christopher Craig

To switch or not to switch: Daylight saving analysed

To switch or not to switch: Daylight saving analysed

The idea of daylight saving was first conceived of by Benjamin Franklin, who woke up early one morning and, amazed by the brightness of the Sun, cheekily wrote to the local newspaper proclaiming the resources that could be saved if everyone joined him in rising early.[1] The idea was

America's inverted yield curve - Time to panic?

Import 2022-12-14 05:06

America's inverted yield curve - Time to panic?

What has happened? Three times over the previous few weeks the US yield curve has inverted.[i] More specifically, the yield on 10-year Treasury bonds fell below the yield on 2-year bonds. Investors are worried as the last time this occurred was just before the GFC, and historically speaking the

Federal Election 2019: A primer on education policy

Federal Election 2019: A primer on education policy

Coalition The Coalition is not presenting a revolutionary host of changes to education, but are seeking to build on their efforts over the last six years of government. They are not seeking to alter the CSP freeze and will let it run its course at the end of 2019, bringing

Is Trumponomics making the American economy great again?

Is Trumponomics making the American economy great again?

The booming US economy The US economy is doing well. Perhaps not ‘better than anybody in the world’ as President Trump boasts, but the numbers are still fairly extraordinary.[1] GDP growth recently hit the highest level since 2014.[2] The unemployment rate is the lowest in 49 years.[3]

The cashless society

cashless economy

The cashless society

Think about the last time you left the house. Bring any cash with you? If you did, I bet it wasn’t much. The numbers confirm that cash is dying. Rapidly. The latest RBA figures show the majority of transactions by both number and value are done using non-cash methods