Tag: Economics
Why is the Reserve Bank independent from government, and why does it matter?
The Greens have called for the government to intervene and tell the RBA to cut interest rates. Such a step would undermine central bank independence.
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25 Sep, 03:00 AM
What did Bronze Age people do with all that bronze? New research revives old arguments about the nature of money
Did Bronze Age Europe have a market economy? New research suggests “hoard piles” could be linked to the exchange of small pieces of metal – much like money changes hands today.
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29 Jul, 09:00 PM
Can Kamala Harris win the US presidency after Joe Biden’s withdrawal? Here’s what the polls say
Now that President Biden has pulled out of the race, let’s look at the numbers we have for a Harris vs Trump contest.
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22 Jul, 02:00 AM
What is the 'sunk cost fallacy'? Is it ever a good thing?
When we invest money, time or another resource we can’t get back, factoring that sunk cost into our future decisions can be a trap.
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27 Nov, 03:00 AM