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Three-dimensional economics.(AGAINST THE CURRENT)

In a period where the twin crises of global warming and the wealth gap are attacking society from both sides, policy makers are continually limited in their effectiveness by a two-dimensional approach to economics.

Land prices have increased at four times the rate of GDP and dwarfed wages growth by 1000 to 1 since the Second World War. Such damning statistics beckon the ALP to take a hard look at the economic fundamentals undermining union wage demands. For Julia Gillard's 'War on Poverty' to be successful, policymakers must look outside the square.

This year marks the halfway point in the Millennium Development Goal to halve world poverty by 2015. With the wealth gap ...

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