Economics

Oh, I wish, sorry.

Economics is the dismal subject.

So, you know, we rarely have a good news story, but hopefully it's a good news story about inflation over the next couple of years.

Fingers crossed.

Some of us might not be here to witness them, that's for sure, if we're talking about 2066.

Economics reporter Stephen Johnson, always great to have you explain this stuff on Newsworthy.

Thanks very much for having me.

63-year-old Greg O'Neill was killed in a shark attack off Sorrento Beach on Friday, and it prompted the WA government to issue a rare kill order for the animal.

Each contribution carries uncertainty and this should arrive as ranges rather than being added to a central estimate later.

Economics is therefore only as credible as the assumptions entering it.

A precise net present value generated from inconsistent inputs is still a poor decision basis.

This is also where commercial risk needs to be made explicit.

The Coalition of Civil Society Groups under the banner Save Indonesian Education Coalition has called on the Indonesian government to halt the program's expansion and immediately undertake comprehensive reforms.

Joining us this morning to discuss the free meals program is Elan Satriawan, Associate Professor in the Department of Economics at the University of Gajah Mada in Indonesia.

Professor Satriawan, welcome to Sunday Extra.

Thank you for having me, Julian.

Elan Satriawan, thank you so much for joining us on Sunday Extra.

My pleasure.

Elan is the Associate Professor in Economics at the University Gadjamata in Indonesia.

Regional elections don't always make world headlines, but as the small German state of Saxony-Anhalt proved when the far-right party, the AFD, won, sometimes regional elections can be momentous.

A coalition of civil society groups under the banner Save Indonesian Education Coalition has called on the Indonesian government to halt the program's expansion and immediately undertake comprehensive reforms.

Joining us this morning to discuss the free meals program is Elan Satriawan, Associate Professor in the Department of Economics at the University of Gajah Mada in Indonesia.

Professor Satriawan, welcome to Sunday Extra.

Thank you for having me, Julian.

My

pleasure.

Elan is the Associate Professor in Economics at the University Gadjamata in Indonesia.

Find more great ABC RN stories that take you beyond the headlines on the ABC Listen app.

In fashioning the report, present conditions were kept steadily in mind.

Looking towards some uniformity in the program for history in our elementary schools, due praise must always be accorded to the report of the Madison Conference on History, Civil Government, and Economics, which was published in 1893, and to the supplementary report of the Committee of Seven.

In these reports we find the first significant declarations that history is entitled to a place of dignity in all secondary and elementary school programs.

Some 200 superintendents of schools in different parts of the country have submitted for the consideration of the committee what they believe to be the best programs, and many elementary history teachers have been consulted on various features of the report.

I don't know that we have that much inflation anyway compared to Joe Biden.

Let's talk to our two experts, John Carney, who is the Breitbart News Editor for Economics and Finance and co-author of the really fabulous daily Breitbart Business Digest, and my dear friend Steve Forbes, the great Steve Forbes, Chairman and Editor-in-Chief of Forbes Media.

Steve's latest book is Inflation, What It Is, Why It's Bad, and How to Fix It.

John Carney, let's start.