A clear, concise and entertaining introduction to the economics of today, written by Sydney Morning Herald/The Age economics guru Ross Gittins. Drawing on many of Ross's popular columns and the needs of final year high school economics students, Gittins' Guide provides bite-sized, easy-to-follow explanations of the key issues in economics and macroeconomics that shape our world. Featuring Ross's trademark intelligence, clarity and down-to-earth approach, this book is essential reading for senior students and anyone who wants a better understanding of what economics - and economic policies - are all about.

A provocative look at an area few economists dare to tread, by Australia's most read economic commentator.

An empirical investigation of financial crises during the last 800 years.

A blueprint for the nation after the boom. Australians have just lived through a period of exceptional prosperity, but, says influential economist Ross Garnaut, the Dog Days are on their way. Are we ready for the challenges ahead? In Dog Days, Garnaut explains how we got here, what we can expect next and the tough choices we need to make to survive the new economic conditions. Are we clever enough – and our leaders courageous enough – to change what needs to be changed and preserve a fair and prosperous Australia? This is a book about the future by a leading adviser to government and business, someone with a proven record of seeing where the nation is going. Both forecast and analysis, it heralds a new era for Australia after the boom.

‘The nation’s most prophetic economist’—Ross Gittins In Reset, renowned economist Ross Garnaut shows how the COVID-19 crisis offers Australia the opportunity to reset its economy and build a successful future – and why the old approaches will not work. Garnaut develops the idea of a renewable superpower, he calls for a basic income and he explores what the ‘decoupling’ of China and America will mean for Australia. In the wake of COVID-19, the world has entered its deepest recession since the 1930s. Shocks of this magnitude throw history from its established course – either for good or evil. In 1942 – in the depths of war – the Australian government established a Department of Post-War Reconstruction to plan a future that not only restored existing strengths but also rebuilt the country for a new and better future. As we strive to overcome the coronavirus challenge, we need new, practical ideas to restore Australia. This book has them. La Trobe University Press in conjunction with Black Inc. and the University of Melbourne

Economics is like a tyre lever: it can be used to solve a problem, or to beat someone over the head. What is econobabble? We hear it every day, when politicians and commentators use incomprehensible economic jargon to dress up their self-interest as the national interest, to make the absurd seem inevitable or the inequitable seem fair. This book exposes the stupid arguments, bizarre contradictions and complete lack of evidence upon which much ‘common sense’ about the economy rests in Australia. Econobabble is for those who, deep down, have never believed that it makes sense, economic or otherwise, to help poor people by slashing public spending on the services they need. It’s for those who have a sneaking suspicion that it would be cheaper to avoid the effects of climate change than to let them happen and then ‘adapt’. And it’s for those who think pitting public health and aged care against the economy is a false dilemma, one that’s short-sighted, callous and potentially dangerous. In this new edition, Richard Denniss demolishes the tired and misleading arguments of right-wing economic ‘experts’ with humour and precision, empowering you to cut through the babble and reach the truth. ‘The best guide you’ll find to the literal non-sense that usually passes for economic debate in this country.’ —Ross Gittins

In the graveyard of economic ideology, dead ideas still stalk the land. The recent financial crisis laid bare many of the assumptions behind market liberalism—the theory that market-based solutions are always best, regardless of the problem. For decades, their advocates dominated mainstream economics, and their influence created a system where an unthinking faith in markets led many to view speculative investments as fundamentally safe. The crisis seemed to have killed off these ideas, but they still live on in the minds of many—members of the public, commentators, politicians, economists, and even those charged with cleaning up the mess. In Zombie Economics, John Quiggin explains how these dead ideas still walk among us—and why we must find a way to kill them once and for all if we are to avoid an even bigger financial crisis in the future. Zombie Economics takes the reader through the origins, consequences, and implosion of a system of ideas whose time has come and gone. These beliefs—that deregulation had conquered the financial cycle, that markets were always the best judge of value, that policies designed to benefit the rich made everyone better off—brought us to the brink of disaster once before, and their persistent hold on many threatens to do so again. Because these ideas will never die unless there is an alternative, Zombie Economics also looks ahead at what could replace market liberalism, arguing that a simple return to traditional Keynesian economics and the politics of the welfare state will not be enough—either to kill dead ideas, or prevent future crises. In a new chapter, Quiggin brings the book up to date with a discussion of the re-emergence of pre-Keynesian ideas about austerity and balanced budgets as a response to recession.