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The available empirical evidence indicates that the distribution of private income in Australia is polarising. While there are a number of factors underlying this trend, it is clear that the dramatic swing to "economic rationalist" policies since the mid 1980s has been a major cause of the...
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This paper investigates the distributional and efficiency implications of a tax-mix change involving a reduction in personal income taxation financed by a board based consumption tax.
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The currently fashionable theory of self-organisation has its origins in statistical physics. Many believe that the underlying physics model, which is based on inanimate systems, can be employed to explain and predict the emergence of social structures, even of history itself. Some are even...
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The ultimate objective of theorists studying living systems is to construct a general theory of life that can explain and predict the dynamics of both human and nonhuman systems. Yet little progress has been made in this endeavour. Why? Because of the inappropriate methods adopted by complexity...
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