UNSW Economist Professor Gigi Foster says the essay Jim Chalmers wrote in The Monthly is “concerning.”
“The first thing I thought was really these are the people who were in charge during the COVID period and displayed a vast ignorance of
economics,” she told Sky News host Chris Kenny.“This notion that capitalism is by nature bad because it has greedy people who are operating in it.
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‘Pushing policy more to the left’: Jim Chalmers pens essay on Australia’s economic futureTreasurer Jim Chalmers has produced an essay which appears to discuss more about intervention and pushing the economy in directions the government wants on issues like clean energy, according to Sky News Political Editor Andrew Clennell. “The Australian Financial Review editorialised against this essay this morning with the rather blunt headline that ‘Chalmers' new manifesto ignores all the lessons of Hawke and Keating’, suggesting Mr Chalmers was taking up a kind of socialist agenda,” Mr Clennell said. “I do feel that generally speaking, there is a little bit of tension between Anthony Albanese and Jim Chalmers, with Chalmers pushing policy more to the left than Albanese. “There is a view in the Labor Party too that Mr Chalmers no doubt has an agenda to appeal to the Labor Party membership in order to one day get their votes for the leadership.”
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Jim Chalmers joins the global backlash against free marketsSupport for free market orthodoxy is waning, but companies will be hoping politicians take the Biden approach of subsidies, rather than the Albanese approach of dictating prices, writes Karen Maley.
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The left-wing economist influencing Jim ChalmersTreasurer Jim Chalmers’ push to remake capitalism channels the ideas of progressive economist Mariana Mazzucato, who advocates government playing a leading role in investing in innovation in partnership with business.
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‘Old-style’ left-wing Labor is ‘back in force’ after Jim Chalmers’ manifestoShadow Treasurer Angus Taylor says old-style left-wing Labor is “back in force” with Treasurer Jim Chalmers’ manifesto. “This is about putting the government at the centre of the economy, not Australians, not enterprising aspirational Australians, but the government,” Mr Taylor told Sky News host Peta Credlin.
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