On The Money Ep.4: The Economy of Drugs & HSC Economics Enrolments Drop
Welcome to the On the Money Podcast, your weekly run down on all things financial. On the show this week: the Economy of Drugs in Australia.
Wastewater studies have indicated that Australians spent $9.3 billion on hard drugs such as cocaine and methamphetamines in 2018 alone. Ben Robinson is joined by Shane Neilson, Head of High Risk and Emerging Drugs Special Operation at the Australian Criminal Intelligence Commission (ACIC), and David Shoebridge, NSW Greens MP, to discuss the issue.
In our most Tweeted about story this week: HSC Economics enrolments rates have dropped by 70%, to their lowest in 25 years, according to new figures published by the Reserve Bank of Australia. Max Tillman discusses this report with Matt Grudnoff, Senior Economist at The Australia Institute, and asks him how high school economics can adapt to the modern age.
Also on the show: Part II of our three-part investigation into New Monetary Theory. Vincent Su is again joined by Professor of Economics Steven Hail (University of Adelaide) to discuss new perspectives on underemployment.