Blogger Tim Harcourt writes in defence of the much maligned subject of economics.
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Despite all the talk of Australia’s athletes not achieving their best at the Olympics, Australian businesses have been far more successful, says Tim Harcourt.
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A year on from the earthquake and tsunami that engulfed Japan, it is important to recall that two prominent foreigners went to the country soon after to show solidarity.
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Tim Harcourt answers the questions about how our international visitors, migrants and business people contribute to Australia this Australia day.
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Father Christmas, Saint Nick or, as he is better known, Santa Claus himself is a symbol of the global economy.
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The nature of our international trade is changing, along with channels of promotion and distribution. So who is leading the charge and who will be carrying us into the future?
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The Australian dollar is now in US90-cent territory and there are fears this could affect our strong showing in ‘the great recovery’. There is even some market speculation that the Aussie battler will reach parity with the greenback. Naturally, many market economists have also speculated as to how the high exchange rate would affect exporters. [...]
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