Trickledown economics will lead to further inequality and must be soundly rejected.
Wayne Swan MP was Deputy Prime Minister and Treasurer of Australia for six years and a regular participant in the G-20 Finance Ministers Meetings. His most recent book is The Good Fight: Six years, two prime ministers and staring down the Great Recession.
While trickle-down economics insists on drawing a dichotomy between the speed of growth and the spread of growth, the idea of inclusive prosperity acknowledges the empirical evidence that countries which grow more equally will grow more strongly.
16/07/2016 6:00 AM AEST
This year's Davos theme, 'How to Shape the Fourth Industrial Revolution', is timely and points to the critical role values and ethics play in the age of digital disruption including in our capital and financial markets.
21/01/2016 5:09 AM AEDT
Next year both the US and Australian publics will have the chance to choose if they will allow ideological prejudice to drive their economies into the ground, or whether they borrow from Canada's lead and invest in a new future.
18/11/2015 5:31 AM AEDT