Brendan Markey-Towler's guest appearances

Brendan Markey-Towler

Talk of Today

Economics Explored

Pillar Talk

OwlTail

Polycentric Governance

What is the principle of subsidiarity? How does it challenge conventional approaches to governance? And how can it help us tackle some of the world's most wicked problems? In this episode, Tom and Will chat with Dr Brendan Markey-Towler about the principle of subsidiarity and polycentric governance.  Dr Brendan Markey-Towler is a credit analyst with a background as an academic economist. His areas of interest include behavioural, institutional, and evolutionary economics, as well as the economics of technology, topics which he has explored in his books An Architecture of the Mind (2018) and Economics of the Fourth Industrial Revolution (2020). You can read more about Dr Markey-Towler here. *** Pillar Talk is published by the University of Queensland Politics, Philosophy &amp; Economics Society. It is produced by Will Splatt and co-produced and edited by Tom Watson, with music created by Isaac Haynes. Your hosts for this episode are Will Splatt and Tom Watson. If this episode has you keen for more content from the UQ PPE Society, you might want to check out our other publications: Statecraft Magazine, and The Statecraft Review. *** References Read Dr Markey-Towler's substack here.  Elinor Ostrom - 'Beyond markets and states: polycentric governance of complex economic systems' (Recommended by Brendan). Friedrich Hayek - 'The Use of Knowledge in Society' (A canonical expression of the Austrian view of markets as collectors &amp; disseminators of knowledge, also recommended by Brendan). Charles Tiebout - 'A Pure Theory of Local Expenditures' (Tiebout's seminal paper introducing the concept of competitive federalism. Here is an article which reviews the evidence underlying the 'race to the bottom' critique.) Read more about The Federalist Papers here.  Read a brief summary of subsidiarity within Catholic social teaching here.  *** KPMG is a platinum sponsor of the UQ PPE Society. They provide a range of professional services for businesses, non-profits, and government, including consulting on the design and implementation of key government policies. As mentioned during the ad break, they offer two programs that might interest you: a 12-month graduate employment program, and a 4-8 week vacation internship program for students in their penultimate year of study. For more information about these opportunities, click here, or reach out to the UQ PPE Society using vocations@uqppes.com.au to talk about meeting with one of our contacts at KPMG.

What is the principle of subsidiarity? How does it challenge conventional approaches to governance? And how can it help us tackle some of the world's most wicked problems? In this episode, Tom and Will chat with Dr Brendan Markey-Towler about the principle of subsidiarity and polycentric governance.  Dr Brendan Markey-Towler is a credit analyst with a background as an academic economist. His areas of interest include behavioural, institutional, and evolutionary economics, as well as the economics of technology, topics which he has explored in his books An Architecture of the Mind (2018) and Economics of the Fourth Industrial Revolution (2020). You can read more about Dr Markey-Towler <a href="https://www.linkedin.com/in/bmarkey-towler/" rel="nofollow" target="_blank">here</a>. *** Pillar Talk is published by the <a href="https://uqppes.com.au/" rel="nofollow" target="_blank">University of Queensland Politics, Philosophy &amp; Economics Society</a>. It is produced by Will Splatt and co-produced and edited by Tom Watson, with music created by Isaac Haynes. Your hosts for this episode are Will Splatt and Tom Watson. If this episode has you keen for more content from the UQ PPE Society, you might want to check out our other publications: <a href="http://medium.com/statecraft" rel="nofollow" target="_blank">Statecraft Magazine</a>, and <a href="http://medium.com/the-statecraft-review" rel="nofollow" target="_blank">The Statecraft Review</a>. *** References Read Dr Markey-Towler's substack <a href="https://substack.com/profile/100939226-brendan-markey-towler" rel="nofollow" target="_blank">here</a>.  <a href="Beyond%20markets%20and%20states%3A%20polycentric%20governance%20of%20complex%20economic%20systems" rel="nofollow" target="_blank">Elinor Ostrom - 'Beyond markets and states: polycentric governance of complex economic systems'</a> (Recommended by Brendan). <a href="https://statisticaleconomics.files.wordpress.com/2013/03/the_use_of_knowledge_in_society_-_hayek.pdf" rel="nofollow" target="_blank">Friedrich Hayek - 'The Use of Knowledge in Society'</a> (A canonical expression of the Austrian view of markets as collectors &amp; disseminators of knowledge, also recommended by Brendan). <a href="https://www.semanticscholar.org/paper/A-Pure-Theory-of-Local-Expenditures-Tiebout/20e7a46c98872e159bf6c42dd544988ce93f32d7" rel="nofollow" target="_blank">Charles Tiebout - 'A Pure Theory of Local Expenditures'</a> (Tiebout's seminal paper introducing the concept of competitive federalism. <a href="https://www.jstor.org/stable/3088381" rel="nofollow" target="_blank">Here</a> is an article which reviews the evidence underlying the 'race to the bottom' critique.) Read more about <a href="https://en.wikipedia.org/wiki/The_Federalist_Papers" rel="nofollow" target="_blank">The Federalist Papers here.</a> Read a brief summary of <a href="https://www.cis.catholic.edu.au/Files/Murray-SubsidiarityandChurch.pdf" rel="nofollow" target="_blank">subsidiarity within Catholic social teaching here</a>.  *** KPMG is a platinum sponsor of the UQ PPE Society. They provide a range of professional services for businesses, non-profits, and government, including consulting on the design and implementation of key government policies. As mentioned during the ad break, they offer two programs that might interest you: a 12-month graduate employment program, and a 4-8 week vacation internship program for students in their penultimate year of study. For more information about these opportunities, <a href="https://home.kpmg/au/en/home/careers/graduates.html" rel="nofollow" target="_blank">click here</a>, or reach out to the UQ PPE Society using <a href="mailto:vocations@uqppes.com.au">vocations@uqppes.com.au</a> to talk about meeting with one of our contacts at KPMG.

Brendan Markey-Towler on Subsidiarity and Polycentric Governance

The National Accounts are a huge intellectual achievement and an incredibly useful set of data, including GDP and its components. Chatting about the National Accounts with Economics Explored host Gene Tunny is fellow economist Dr Brendan Markey-Towler, author of the Substack newsletter Australian Economy Tracker. Brendan explains how the National Accounts help us track the current state of the economy as well as longer-term trends, such as shrinking manufacturing sectors and growing services sectors in many advanced economies. Links relevant to the conversationBrendan’s Australian Economy Tracker Newsletterhttps://australianeconomytracker.substack.com/Brendan’s post discussed in this episodehttps://australianeconomytracker.substack.com/p/australian-wealth-creation-and-distribution?utm_source=emailPlanet Money episode on Simon Kuznetshttps://www.npr.org/transcripts/520294083Australian Financial Review article (pay-walled, alas) which reported “Federal government business generated $1.7 billion in revenue for the big four accounting and consulting firms over the past five years – though the government has a different take on the contract value of that business.”https://www.afr.com/companies/professional-services/revealed-deloitte-ey-kpmg-and-pwc-earned-17b-from-government-work-20180326-h0xymnCreditsThanks to Josh Crotts for mixing the episode and to the show’s sponsor, Gene’s consultancy business www.adepteconomics.com.au. Please consider signing up to receive our email updates and to access our e-book Top Ten Insights from Economics at www.economicsexplored.com. Also, please get in touch with any questions, comments and suggestions by emailing us at contact@economicsexplored.com or sending a voice message via https://www.speakpipe.com/economicsexplored. Economics Explored is available via Apple Podcasts, Google Podcast, and other podcasting platforms.

The National Accounts are a huge intellectual achievement and an incredibly useful set of data, including GDP and its components. Chatting about the National Accounts with Economics Explored host Gene Tunny is fellow economist Dr Brendan Markey-Towler, author of the Substack newsletter Australian Economy Tracker. Brendan explains how the National Accounts help us track the current state of the economy as well as longer-term trends, such as shrinking manufacturing sectors and growing services sectors in many advanced economies. <h3>Links relevant to the conversation</h3>Brendan’s Australian Economy Tracker Newsletter<a href="https://australianeconomytracker.substack.com/" rel="nofollow" target="_blank">https://australianeconomytracker.substack.com/</a>Brendan’s post discussed in this episode<a href="https://australianeconomytracker.substack.com/p/australian-wealth-creation-and-distribution?utm_source=email" rel="nofollow" target="_blank">https://australianeconomytracker.substack.com/p/australian-wealth-creation-and-distribution?utm_source=email</a>Planet Money episode on Simon Kuznets<a href="https://www.npr.org/transcripts/520294083" rel="nofollow" target="_blank">https://www.npr.org/transcripts/520294083</a>Australian Financial Review article (pay-walled, alas) which reported “Federal government business generated $1.7 billion in revenue for the big four accounting and consulting firms over the past five years – though the government has a different take on the contract value of that business.”<a href="https://www.afr.com/companies/professional-services/revealed-deloitte-ey-kpmg-and-pwc-earned-17b-from-government-work-20180326-h0xymn" rel="nofollow" target="_blank">https://www.afr.com/companies/professional-services/revealed-deloitte-ey-kpmg-and-pwc-earned-17b-from-government-work-20180326-h0xymn</a><h3>Credits</h3>Thanks to Josh Crotts for mixing the episode and to the show’s sponsor, Gene’s consultancy business <a href="http://www.adepteconomics.com.au" rel="nofollow" target="_blank">www.adepteconomics.com.au</a>. Please consider signing up to receive our email updates and to access our e-book Top Ten Insights from Economics at <a href="http://www.economicsexplored.com" rel="nofollow" target="_blank">www.economicsexplored.com</a>. Also, please get in touch with any questions, comments and suggestions by emailing us at <a href="mailto:contact@economicsexplored.com">contact@economicsexplored.com</a> or sending a voice message via <a href="https://www.speakpipe.com/economicsexplored" rel="nofollow" target="_blank">https://www.speakpipe.com/economicsexplored</a>. Economics Explored is available via <a href="https://podcasts.apple.com/au/podcast/economics-explored/id1480645795" rel="nofollow" target="_blank">Apple Podcasts</a>, <a href="https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkcy5zaW1wbGVjYXN0LmNvbS9QZUJlWGFsRQ" rel="nofollow" target="_blank">Google Podcast</a>, and other podcasting platforms.