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Showing 1 - 10 of 13 results for "Nobel Prize"

Nobel Prize-winning economist Daniel Kahneman dies

ELIZA BAVIN  |  THURSDAY, 28 MAR 2024
Daniel Kahneman, the Nobel Prize-winning economist and author, has died aged 90. Kahneman was an Israeli American psychologist whose research into human behaviour upended economics. Kahneman's research demonstrated humans would often abandon logic and ...

Chief economist: What JobKeeper cliff?

BENJAMIN ONG  |  FRIDAY, 21 MAY 2021
"Prediction is very difficult, especially if it's about the future." This quote from Danish physicist and Nobel Prize in physics winner Niels Bohr has been proven time after time but more recently in the Australian Federal Treasury's prediction ...

Chief economist update: Greater than the Great Recession of 2008

BENJAMIN ONG  |  THURSDAY, 15 AUG 2019
... negative interest rates weren't able to sustainably reflate individual domestic economies. In addition, and as put by Nobel prize winner Paul Samuelson in 1948: "By increasing the volume of their government securities and loans and by lowering Member ...

Now showing: Trump and Kim

BENJAMIN ONG  |  TUESDAY, 12 JUN 2018
... many contestants evoke at the Miss Universe beauty pageant, "world peace". But good intentions don't get you a Nobel Prize (Trump) or alleviate your people's poverty (Kim). Both Trump and Kim would see the summit in terms of a winner and a loser. ...

Super scorecard to shift consumer playing field

DARREN SNYDER  |  THURSDAY, 31 MAY 2018
... Australia's plan to reorient its superannuation system towards an income goal will require a change in risk management. The Nobel Prize-winning economist envisages a retirement system which takes the weight of financial decision-making off the shoulders ...

Philanthropists contribute to Australian literature

LAURA MILLAN  |  SUNDAY, 8 NOV 2015
... her contribution to Australian literature. She will benefit from the proceeds of the Trust of Patrick White's 1973 Nobel Prize for Literature. The award was established 42 years ago by White himself in order to support Australian literature "by encouraging ...

Myonlineadvisers teams up with US robo firm

MARK SMITH  |  THURSDAY, 8 OCT 2015
American portfolio crash-testing company, RiXtrema, has announced signing an exclusivity agreement and memorandum of understanding with wealth management firm myonlineadvisers. The joint venture provides wealth advisers with online tools which will ...

Round and round we go

BENJAMIN ONG  |  THURSDAY, 16 JUL 2015
... consumer spending as full-timers have a greater sense of job security and income permanence. A theory developed by Nobel prize-winning economist Milton Friedman known as "Permanent Income Hypothesis". Similarly, while the unemployment rate ticked up ...

FEATURE: Beyond Beta

LAURA MILLAN  |  TUESDAY, 7 JUL 2015
... Everything else about the term smart beta seems problematic. Stanford University professor Bill Sharpe, who won a Nobel Prize for defining the concepts of beta and alpha, famously said that the notion of smart beta makes him "definitionally sick." Maybe ...

Market Wrap

AAP  |  TUESDAY, 8 JUL 2014
... expressed nervousness at the latest surge in equity prices that last week lifted the Dow above 17,000 for the first time. Nobel prize-winning economist Joseph Stiglitz said in a television interview he was "very uncomfortable" with current stock prices ...
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