Conor Yung - Economics Students Society of Australia

Conor Yung

Federal election 2019: A primer on immigration policy

federal election 2019

Federal election 2019: A primer on immigration policy

Immigration is an ever-present issue in the political debate. Discourse on immigration policy has still been dominated by the need to find a solution to the 950 refugees, currently stuck on offshoring processing centers[1]. This issue is complicated by the need to counterbalance resettlement, whilst, preventing the practice of

The development of monetary policy - Part 2

The development of monetary policy - Part 2

Phillips curve critique The 1970s stagflation crisis has since been illustrated as a fatal blow to the Phillips curve. The Phillips curve could no longer guarantee a perfectly inverse relation between unemployment and inflation, and thus, the impotence of monetary policy. The major critique of the Phillips curve was by

The development of monetary policy - Part 1

monetary policy

The development of monetary policy - Part 1

Monetary Policy (Introduction) Fiscal policy takes up most of the policy debate, however, with talks of a coming recession in Australia, that may be about to change. Monetary policy defines the instruments by which central banks can influence the money supply in the economy. The money supply has huge influence

The Case Against Education

The Case Against Education

Education is now seen as a right, and by some, as a duty of government. However, this was not always the case, and some, including George Mason University economist, Bryan Caplan, argue that it no longer should be. Does education actually increase graduates’ productivity or is it just a signaling

The economics behind the ‘living wage’ debate

The economics behind the ‘living wage’ debate

Debate concerning whether Australia’s minimum wage should become a ‘living wage’ has been sparked by a campaign from the Australian Council of Trade Unions (ACTU).[1] This has been led by the belief that the current minimum wage is not enough for workers to sustain a healthy living standard.