There are people out there who’d love you to believe absurdly huge figures about the cost of the “carbon tax” and the pokie machine reforms. And they would’ve loved these two stories from last week. Here’s Henry Ergas in The Australian with an extraordinary “cost” he’s claiming for the carbon price: But even on Treasury’s [...]

In today’s Australian Henry Ergas makes the case for decision making on more rational economic grounds. woolly thinking is no way to save the world. While I have no doubt that every decision in the world can be easily made on an economist’s spreadsheet, Ergas ignores that fact that most issues are multi-layered, with elements [...]