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The economics behind the ‘living wage’ debate
actu

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.
Mar 19, 2018 5 min read
Household income equality: changing families or changing pay-cheques?
economic indicators

Household income equality: changing families or changing pay-cheques?

You are unlikely to have come across a discussion of the US economy recently without a reference to income inequality and wage stagnation. It is widely accepted that the Gini Index, a measure of the distribution of income in the economy, has increased markedly from the 1960s; that is, incomes
Jul 29, 2016 4 min read
Free market, free women?
employment. leadership

Free market, free women?

One of the many sound economic arguments for labour market deregulation in the 1990s was the greater flexibility it was supposed to bring to women juggling careers and family commitments[i]. This flexibility was promised to arrive in the form of individually negotiated contracts between employee and employer. By all
Mar 19, 2015 7 min read
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