New Zealand's Labour Finance Minister has deemed his government's upcoming 2019 budget to be New Zealand’s first ‘Well-Being Budget’, based on data and goals set through their ‘Living Standards Framework’. Charlie Joyce here argues that such a well-being budget is an example of social democratic theory in practice, and advocates the adoption of such a model and standards by a future Shorten-led Australian Labor Government, with its emphasis on 'Well-Being Economics'. Charlie is a member of the Victorian Labor Party and is on the executive of the Victorian Fabians.
Jeff McCracken-Hewson examines the role money plays in society and what it actually represents. He argues that reintroducing 'real money' and 'real people' into our world view is essential to correcting the mistakes of neoliberalism and classical economic thought. Jeff is on the executive committee of the Victorian Fabians and has a longstanding connection with the Australian Labor movement. He is also a member of the UK Labour Party and currently divides his time between Australia and the UK.