Julie Novak

The Piketty Bubble
16 July 2014

The Piketty Bubble

This article from the July 2014 edition of the IPA Review is by Senior Fellow with the IPA, Julie Novak. Arguably the great surprise of 2014 so far would have to be the literary juggernaut that is Capital in the Twenty-First Century, originally written in 2013 by little known French economist Thomas Piketty and subsequently translated into English. The most
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Taking Freedom Seriously
26 January 2014

Taking Freedom Seriously

This article from the January 2014 edition of the IPA Review is by Research Fellow at the IPA, Julie Novak. One of the great legacies of Western Civilisation has been the emergence of the philosophical doctrine of liberalism (sometimes referred to today as libertarianism). The evolution of the key philosophical themes of liberalism, warts and all, is the subject of an
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The New Growth Pessimists
24 January 2014

The New Growth Pessimists

This article from the January 2014 edition of the IPA Review is by Research Fellow at the IPA, Dr Julie Novak. Despite the unambiguous gains in living standards among developed countries over the last three decades, several economists have recently speculated that our future economic outlook may decidedly be less rosy. In a paper written last year with the ominous title
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Life Under Capitalism
24 January 2014

Life Under Capitalism

This article from the January 2014 edition of the IPA Review is by Research Fellow at the IPA, Dr Julie Novak. In October every year a group of non-profits and social reformers commemorate ‘Anti-Poverty Week’, to raise awareness of poverty in Australia. This year Tim Costello labelled Australia as ‘a land of paradox, and one of the enduring paradoxes is the
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Problems Of The Real World
22 November 2013

Problems Of The Real World

This article from the November 2013 edition of the IPA Review is written by Senior Fellow at the IPA, Dr Julie Novak. Recent generations of economists have been trained under the neoclassical approach to economic thought, providing distinctive perspectives concerning both the principles of economic behaviour and practical implications as to how to view, and indeed, change the world. The most
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A Tribute To Ronald Case
22 November 2013

A Tribute To Ronald Case

This article from the November 2013 edition of the IPA Review is wriiten by Senior Fellow at the IPA, Dr Julie Novak. In early September, the global economics profession was met with the unwelcome news that British economist Ronald Coase, father of the ‘law and economics’ school and leading figure of the ‘new institutional economics’ paradigm, passed away in his adopted home
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The True Costs Of National Debt
29 August 2013

The True Costs Of National Debt

This article from the Winter 2013 edition of the IPA Review is written by Senior Fellow at the IPA, Dr Julie Novak. Among the estimated 3.5 billion websites around the world, there is one that is almost guaranteed to keep adults lying awake at night and force horrified children to run for cover. It is the global public sector debt clock
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The Case For No
23 August 2013

The Case For No

This article from the Winter 2013 edition of the IPA Review is written by IPA’s Director of Policy, Chris Berg and Senior Fellow, Dr Julie Novak. Make that three times. One of the happy casualties of Kevin Rudd’s decision to go to an election one week before Julia Gillard’s preferred date of September 14 is the referendum to recognise local government
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A Tribute To James Buchanan
31 May 2013

A Tribute To James Buchanan

This article from the May 2013 edition of the IPA Review is written by Research Fellow at the IPA, Julie Novak. Last month one of the iconic figures of twentieth-century classical liberalism, James McGill Buchanan, passed away aged 93. Buchanan has been rightly credited for his leading role in forging the ‘public choice’ approach to political analysis, which examines the
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The Welfare State And Its Consequences
6 December 2012

The Welfare State And Its Consequences

This article from the December 2012 edition of the IPA Review is by Research Fellow at the IPA, Julie Novak. The welfare state in its existing form, dominated by government financing and provision of payments and services from cradle to grave, is irretrievably broken. The blossoming of welfare state programs deters private savings and reduces labour supply, and requires increasing
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