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PODCAST

Fresh Economic Thinking

Cameron Murray is famous for questioning sacred cows and conventional wisdoms of both left and right. We chat about Cameron"s latest Twitter battle and then delve into a controversy. Wide-ranging analysis - no topic out of bounds - inequality, regulation, housing, superannuation, lockdowns, tax, war, the meaning of life. www.fresheconomicthinking.com

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All Episodes

13:06

Audiobook: The Great Housing Hijack (Ch3 + Ch4)

Fresh Economic Thinking ·

2024/05/29

This is a free preview of a paid episode. To hear more, visit www.fresheconomicthinking.comPaid Fresh Economic Thinking subscribers can enjoy the audiobook version of The Great Housing Hijack via their favourite podcast app.Two chapters will be released weekly over the coming months.Theme music: Happy Swing by Serge Quadrado Music under Creative Commons Licence CC BY-NC 4.0

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13:24

Oh no, home prices are above marginal cost!

Fresh Economic Thinking ·

2024/05/26

This article is for paid Fresh Economic Thinking subscribers. Please support FET and enjoy detailed analysis such as this by upgrading to a paid subscription. Maybe also check out the Fresh Economic Thinking YouTube channel where interviews and free podcasts are posted regularly. What is the marginal cost of producing an extra home? This article gets into the weeds and was prompted by this tweet about where the price of homes comes from. Price would equal MARGINAL construction cost. Otherwise, there

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28:42

FET #31: Where is the 'abolish superannuation' lobby?

Fresh Economic Thinking ·

2024/05/08

It costs $30 billion a year in fees alone and takes 11% of wages as a non-tax compulsory payment from families at the time they need the money most, yet there is no lobby group seeking to scrap the wasteful superannuation system. Cameron and Jonathan discuss how interest groups sprung up around the super honeypot, and contemplate how to form such an anti-super lobby. Please leave your comments if you want to be part of such a group!Follow Cameron and Jonathan on X/Twitter. Buy The Great Housing

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18:02

Are Australian supermarkets the "bad boys" of the...

Fresh Economic Thinking ·

2024/05/05

Please consider supporting Fresh Economic Thinking — Australia’s newest one-man think-tank—by upgrading to a paid subscription. Thank you to all my existing paid FET subscribers. You will get the audiobook of The Great Housing Hijack starting later this month via the FET podcast. Your support helps me do things like a recent debate with Kevin Erdmann about “What makes housing more affordable? Public Investment vs. Market Liberalization”. You can watch it here. Right now there is a Senate Inquiry

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24:07

FET #30: Tax fallacies

Fresh Economic Thinking ·

2024/05/01

You might have heard this: “The biggest SCAM in life: Paying taxes on money that you make, taxes on money you spend, and taxes on things you own, that you already paid taxes on, with already taxed money.”A previous FET article explained why this makes no sense, as money circulates and value accumulates. We chat more about why this is wrong and what are legitimate issues in the Australian tax system. Follow Cameron and Jonathan on X/Twitter. Buy The Great Housing Hijack here.Please like, comment,

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34:42

FET #29: Energy pseudo-market

Fresh Economic Thinking ·

2024/04/24

Do you suspect electricity retailers are scamming you? You're probably right.Jonathan rants about how a strange note on his power bill sent him down the rabbit hole to discover just how stupid and funny our energy retail pseudo-market is.The long bureaucratic incubation of the Better Bills Guideline is here.Former Greek Finance Minister Yanis Varoufakis says that if the energy market is complicated, it is because it was intended to be complicated so that people don't understand it's a scam.Here’s

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8:00

The United States is still stimulating its economy...

Fresh Economic Thinking ·

2024/04/21

The economic performance of the United States in the past year has been exceptional compared to Australia, Canada and New Zealand. Here’s why.The United States is still stimulating its economy with Covid-era monetary policy because of its unique mortgage market with 30-year fixed interest rates. Manipulating the price of mortgages and via this, housing investment and prices, is the main way we manage the macroeconomy. We call it monetary policy. The basic economic idea is that we need households to

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41:49

FET #28: Dangerous housing ideas in the fragile Kiwi...

Fresh Economic Thinking ·

2024/04/17

This is a different FET episode. It was recorded in December 2023 in Wellington with Bernard Hickey for his podcast at The Kaka. Tim Helm and I talk about important and often neglected economic details in the housing supply and price debates.However, in the four months since, Hickey couldn’t find the time to post this conversation, despite the housing topic being a major media story and finding time to interview and upload conversations with many others on this topic. For some backstory on the

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29:24

FET #27: The Great Housing Hijack chat

Fresh Economic Thinking ·

2024/03/14

What is The Great Housing Hijack? Who’s housing crisis is it anyway? And why do we need to understand the economic concept of equilibrium to know whether our housing policy will work?Jonathan and Cameron chat about the new book and the big ideas within it. Get The Great Housing Hijack on Amazon here. Follow Cameron and Jonathan on X/Twitter.Please like, comment, share, and subscribe.Theme music: Happy Swing by Serge Quadrado Music under Creative Commons Licence CC BY-NC 4.0 This is a public episode

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14:34

Nova Academia: An oasis for learning

Fresh Economic Thinking ·

2024/03/10

Thank you to paid FET supporters. Your support allows me to do things like:* Appear as an expert witness at the Senate Inquiry into Shared Equity (was 5th March)* Appear at the Senate Inquiry into Retirement (on Tuesday 12th March). * Conduct a seminar on housing economics for NSW regulator IPART (also 12th March)The season for change in higher learning is now.Not only have I started Fresh Economic Thinking as an independent place to do science—conduct research, teach, and engage in public debate—I

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47:15

FET #26: Wallerstein and the terminal crisis of...

Fresh Economic Thinking ·

2023/12/28

Who is Immanuel Wallerstein and does his “world-systems” approach provide insights into our social and economic world?Check out some of Wallerstein’s writing here, and an interesting an relevant article on his thinking for today is here.Follow Cameron and Jonathan on X/Twitter.Please like, comment, share, and subscribe.Theme music: Happy Swing by Serge Quadrado Music under Creative Commons Licence CC BY-NC 4.0 This is a public episode. If you’d like to discuss this with other subscribers or get

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38:48

FET #25: What's the deal with YIMBYs?

Fresh Economic Thinking ·

2023/12/13

I talk to Tim Helm about the rise of “Yes In My Back Yard” (YIMBY) as a cultural movement and dig into some of the economics missing from housing debates. Follow Cameron and Jonathan on X/Twitter.Please like, comment, share, and subscribe.Theme music: Happy Swing by Serge Quadrado Music under Creative Commons Licence CC BY-NC 4.0 This is a public episode. If you’d like to discuss this with other subscribers or get access to bonus episodes, visit www.fresheconomicthinking.com/subscribe

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39:11

FET #24: Immigration surprise with Leith van Onselen

Fresh Economic Thinking ·

2023/12/06

Australia in 2022-23 has seen record net immigration, as have other countries such as New Zealand, Canada, and the United Kingdom.We discuss the structure of Australia’s immigration system, the economics of our policy choices, and what might be a more sensible immigration program. Leith is the Chief Economist at Macrobusiness. Follow Cameron and Jonathan on X/Twitter.Please like, comment, share, and subscribe.Theme music: Happy Swing by Serge Quadrado Music under Creative Commons Licence CC BY-NC

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36:13

FET #23: A chat with Aussie FIREBUG about financial...

Fresh Economic Thinking ·

2023/11/29

Have you ever thought it might be possible to retire early? My guest today is Matt from Aussie FIREBUG who has done that. He’s been part of the Financial Independence, Retire Early (FIRE) movement. What’s it all about, and does it make economic sense? Find out all about the FIRE movement at Aussie FIREBUG. Follow Cameron and Jonathan on X/Twitter.Please like, comment, share, and subscribe.Theme music: Happy Swing by Serge Quadrado Music under Creative Commons Licence CC BY-NC 4.0 This is a public

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36:51

FET #22: Property problems with buyers agent Pete...

Fresh Economic Thinking ·

2023/11/22

What is a property buyer’s agent? How can trading housing be more efficient? And how we can boost the regions to take population pressure off the capital cities?Hear Pete’s views on these questions and more in this engaging chat and follow him on X/Twitter @PeteWargent.Follow Cameron and Jonathan on X/Twitter.Please like, comment, share, and subscribe.Theme music: Happy Swing by Serge Quadrado Music under Creative Commons Licence CC BY-NC 4.0 This is a public episode. If you’d like to discuss this

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35:35

FET #21: Aidan Morrison explains the problematic...

Fresh Economic Thinking ·

2023/11/15

You might have heard that renewables are the cheapest new electricity generation technology. But is this claim true?Physicist and businessman Aidan Morrison looked into the assumptions and analysis in the various reports that produce such claims from organisations like the CSIRO and AEMO. Aidan has published his initial analysis of the “sunk cost assumption” hidden in these reports at Fresh Economic Thinking back in July. He has also released a terrific video explaining how the analysis gets it

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38:16

FET #20: Tim Helm on why housing supply starts when...

Fresh Economic Thinking ·

2023/11/08

Tim Helm is the Research Director of Prosper Australia. We chat about Tim’s intellectual journey into the economics of property and housing, and his views on housing prices and debates about supply. The Auckland analysis referenced in the episode can be found here and here.Follow Cameron and Jonathan on Twitter. Theme music: Happy Swing by Serge Quadrado Music under Creative Commons Licence CC BY-NC 4.0Fresh Economic Thinking is a reader-supported publication. To receive new posts and support my

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30:49

FET #19: Duty of care to future generations

Fresh Economic Thinking ·

2023/11/03

What are the legal and economic issues that arise when trying to enforce a duty of care to future generations?Cameron and Jonathan discuss the legal and economic questions arising from the Private Senators Bill by David Pocock intending to “legislate a positive duty of care, creating a requirement for politicians and policy makers to consider the impact of climate harm on young people and future generations.”This comes on the back of a 2022 Federal Court of Australia ruling in the appealed case of

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31:43

FET #18: Housing future fund and COVID updates

Fresh Economic Thinking ·

2023/05/04

There has been a lot of news on both the housing policy and COVID policy fronts recently. Cameron and Jonathan share their thoughts on things like the Housing Future Fund, the latest on Australia’s COVID vaccination injury compensation scheme, a new anti-discrimination bill about COVID vaccines, and news out of the United States about hidden influences behind the COVID mandates, and more. The Lee Fang article on Pfizer’s lobbying and financial influence is here.The United States Senate report on

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36:25

FET #17: Upzoning case studies

Fresh Economic Thinking ·

2023/04/06

Why does an economist start a website documenting the effect of city upzoning?Matthew Maltman is an Australian economist who runs the website onefinaleffort.com. In this interview, Cameron talks with Matthew Maltman about the case for experimenting with zoning changes to understand what really happens. Did Auckland fix its housing problems with upzoning? Where are other planning rule changes being tested? Find Matthew on Twitter at @1finaleffortFollow Cameron and Jonathan on Twitter.Theme music:

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111 results

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