Articles from Harry Clarke
I drafted this paper for the forthcoming Beijing Forum at Peking University. Preliminary. Comments very welcome.
Climate Policy Decisions Under Uncertainty
Honorary Visiting Fellow, Department of Economics, University of Melbourne, Parkville, Vic, 3052.
I’ll present this paper in a week or so at the Water Forum, Wodonga. Comments more than usually welcome.
Drought, Uncertainty and Water Supply Planning
Visiting Fellow, Department of Economics, University of Melbourne, Parkville 3052.
I have never understood why events such as this happen. 267 apartments were sold in Glen Waverley in 90 minutes for $70m. It doesn’t seem to me to maximize profits to the developer – charging higher prices and stretching out the period of sale (or using a simple auction procedure) would make more sense.
Around 1992 the Spanish wildlife publisher Lynx began its 16 volume Handbook of the Birds of the World. It is an extraordinary achievement with hundreds of photographers and artists contributing and with a vast amount of general as well as specific ornithological information supplied. It is the only animal family to be completely chronicled in this way and is a major scientific undertaking.
The development of the welfare state in the Western economies between 1930 and 1990 coincided with a puzzling pattern in the taxation of top incomes. Effective tax rates at the top increased sharply but then gradually decreased, even as social transfers continued rising. These authors propose a new theory of the development of the welfare state to explain these facts. Our main insight is that social insurance and top income taxation are substitutes for averting social conflict.
I have been a recreational bird watcher for about 20 years although I do less birdwatching these days than in the past.
One of the first decisions of Prime Minister Turnbull is to transfer responsibility for national water policy to the Nationals, specifically to Barnaby Joyce. Apart from the fact that this puts water in the hands of a particular interest group – water-using farmers – this makes me uneasy for two interrelated reasons.
The consensus on tax reform that is emerging (see e.g. AFR today, editorial, paywalled) is a continuation of the tax reform trends that have been around for at least two decades. The basic idea is to swap the tax mix around so that there are fewer adverse effects on working, saving, investing and taking risks. I summarise the main elements as 5 points.
DVD rental stores have been buffeted by competition and technological change in a way that is fascinating to students of business history. A fun thing to consider too because simple perceptions here drive justifiable economic knowledge and insight.