Wealth inequality in Australia and the rapid rise in house prices

A report launched today by UNSW Sydney and Australian Council of Social Services (ACOSS) Poverty and Inequality Partnership confirms that even though Australians are now, on average, the fourth richest people in the world, ...

What Harry Potter can (and can't) teach us about economics

A new paper in Oxford Open Economics, published by Oxford University Press, explores "Potterian economics"—the economics of the world of J.K. Rawling's Harry Potter series. Comparing such economics with professional economic ...

Mistakes and rethinking behavioral economics

Behavioral economics is a field that seeks to understand how people make decisions about things they want and need. The field relies on a collection of theories—models—that predict how people will make choices in a variety ...

Global warming increases risks of East China flooding

The Western Pacific Subtropical High (WPSH) is an anticyclonic atmospheric system hovering over the middle and lower troposphere of the northwestern Pacific, dominating summer climate extremes in the densely populated countries ...

Literature review of farming and climate studies

The understanding and response to the impact of climate change on agriculture will have repercussions for many years to come in terms of food security and the ongoing climate crisis itself. It is important that we can assess ...

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