Governments and central banks should stop trying to stimulate the economy

In the battle against slow economic growth, perhaps the government and Reserve Bank should try doing nothing and let the economy restore itself, writes… Ross Guest, Griffith University It is surely time for governments around the world, including Australia’s, to remember the first law of holes: if you’re in one, stop digging. Governments have been…

income inequality

Shadow banking increases the risk of another global financial crisis

The financial products offered by the shadow banking sector allow investors to be further removed from their investments and banks to escape regulation, increasing the risk in the sector overall. Necmi K Avkiran, The University of Queensland Banks may still be evading increased regulation by shifting activities to shadow banking.  This system is well established…

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