Economics

The Australian business sector bears a larger share of the social costs associated with illicit and illegal drug use than does government, according to a new report. ... read more

Is the rush towards global abandonment of quotas and tariffs rational or even ethical? Stewart Fist* asks pre-eminent trade economist, professor Murray Kemp. ... read more

Y2K, Bird Flu (also known as Avian Flu Pandemic — AFP), what’s the difference? ... read more

When the heat is on to cut prices, use game theory’s strategic calculations to determine sustainable price actions. Lachlan Colquhoun* reports. ... read more

“There’s no such thing as a free lunch.” Many of the obituaries and encomiums published in the days since the death of Milton Friedman in November have wrongly made the claim that he coined the phrase. ... read more