Tag: Steve Kates
The next government and the challenges of a softer economy
RMIT economist Steve Kates talks about the economic issues in the election campaign. He says the latest ACCI investor survey shows that business performance has deteriorated sharply after a rebound and suggests that the next government will have to deal with a softer economy.
The death of Keynesian economics: How government stimulus could hurt Australia
In this week's interview, RMIT economist Steve Kates talks about the death of Keynesian economics. He shares the growing view that stimulus packages around the world have increased debt, have not reduced unemployment and have made the crisis worse. He warns that Australia will feel the impact over the next year when China starts unwinding its stimulus package.