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Elizabeth Webster

Elizabeth Webster

Professor Beth Webster is the Director of the Centre for Transformative Innovation at Swinburne University of Technology. Her area of study is the economics of how knowledge is created and diffuses through the economy. On these topics alone she has authored over 100 articles in outlets such as RAND Journal of Economics, Review of Economics and Statistics, Oxford Economic Papers, Journal of Law & Economics and Cambridge Journal of Economics. She has been appointed to a number of committees including the Lomax-Smith Base funding Review; CEDA Advisory Council; the Bracks Automotive review; the Advisory Council for Intellectual Property; the European Policy for Intellectual Property Association; the Economic Society of Victoria and the Asia Pacific Innovation Conference. She is also holds honorary research positions at the Universities of Melbourne, Oxford and Tasmania.

She has a PhD (economics) from the University of Cambridge and economics degrees from Monash University.

Fundamental Evaluation Series

Economists should step out of their bubble more often

Apr 20, 2016 01:02 am UTC| Insights & Views Economy

Scratch an economist who proffers sage words about the state of government debt and you will find someone who believes we are at full employment. If we are below full employment, then the government can monetise debt via...

To embrace our future as an innovation nation, we'll need to learn from the past

Apr 10, 2016 22:38 pm UTC| Insights & Views Technology

Australia has many successful, innovative industries, such as wheat, wool, beef, lamb and cotton. And Australians are not averse to taking risks. Our shrewd investments in chancy mining tenements have paid...

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Economy

FxWirePro: Spotlight On CBT Amid Sluggish Turkish Growth – Bid 3M USD/TRY Skews Ans Hedge

Turkeys central bank pulled forward a scheduled MPC meeting by two days and implemented a 100bps emergency rate cut yesterday. The CB reduced the 1-week repo rate from 10.75% to 9.75% and lowered RRR on all FX deposits by...

FxWirePro: BoC’s Rate Cuts on Cyclical Effects of Covid-19 - USD/CAD Risk-Off Call Ratio Spread

Over the weekend, the Bank of Canada cut its key interest rate by another 50 bp, after it had lowered its key interest rate from 1.75% to 1.25% at its regular meeting. The BoC also said that it was ready to take further...

Coronavirus and Spanish flu: economic lessons to learn from the last truly global pandemic

As news of the global spread of coronavirus disease (COVID-19) emerged, global financial markets reacted pessimistically and behaved in ways not seen since the 2008 financial crisis. But fully understanding the potential...

Cash handout of $750 for 6.5 million pensioners and others receiving government payments

A payment of $750 will be made from the end of this month to about 6.5 million people as part of the governments $17.6 billion stimulus package aimed at keeping Australia out of a recession caused by the impact of the...

Tokyo Olympics: how coronavirus is affecting preparations

The World Health Organizations decision to officially recognise the coronavirus outbreak as a global pandemic means organisers are facing difficult decisions on whether to go ahead with major sporting events. There were...

Politics

Barack Obama joins Steph Curry and Dr. Fauci’s Coronavirus conversation

Golden State Warriors guard Steph Curry recently chatted live with Dr. Anthony Fauci, the National Institute of Allergy and Infectious Diseases director and a member of the White Houses task force for the coronavirus...

Donald Trump still wants to ease coronavirus restrictions despite the U.S. now becoming the top country with most COVID-19 cases

Despite warnings from medical experts on the potential dangers involved, it seems that President Donald Trump is bent on easing up coronavirus restriction by Easter. In a letter to state governors, Trump said that the...

US President Donald Trump reveals why he wants the lockdown to end by Easter Sunday

The growing pandemic that is the coronavirus or COVID19 has resulted in the United States implementing a lockdown, leaving many out of a job or working remotely. President Donald Trump, on the other hand, revealed his hope...

Jimmy Kimmel pokes fun at Melania Trump's reportedly distant relationship with Donald Trump

For a long time, the nature of First Lady Melania Trumps marriage to President Donald Trump has been scrutinized, leaving many wondering how affectionate the couple is. Recently, Jimmy Kimmel poke fun about the couple in...

Joe Biden reportedly hits a snag in improving his digital presence amid coronavirus concerns

The global pandemic that is coronavirus has forced the campaigns of all the presidential candidates into coming up with another way to reach out to their supporters and backers. A report suggests that former vice president...

Science

NASA Astronaut Jessica Meir shares photo of Earth at night

In the midst of all the fear and panic surrounding the coronavirus pandemic all over the world, many are also in search of some good news. Recently, NASA astronaut Jessica Meir shared a photo of the Earth being illuminated...

Coronavirus update: Possible scenarios on how the pandemic will come to an end

The coronavirus or COVID19 may currently be disrupting everyday lives, but there is a time where it will end. With that in mind, it bears wondering just how will the pandemic come to a halt. With hundreds and thousands...

Asteroids: 590-foot space rock to arrive on Friday

NASAs asteroid trackers spotted an asteroid heading towards Earth at a rapid pace. Scientists predict that this asteroid will be arriving and passing by the planet later this week. Express reports that asteroid 2012...

Aliens: Experts believe Mercury once had components for life

Space agencies are continuing their search for possible signs of life beyond Earth in their missions to nearby planets like Mars. Recently, some experts believe that another planet once had the essential components for...

Technology

Tesla employees found positive for coronavirus

A couple of Tesla employees have reportedly tested positive for coronavirus as the company joins the private sectors efforts to help provide the lack of medical equipment to combat the COVID-19 pandemic. Tesla CEO Elon...

AirPods 3 wish list: 3 things to expect and 1 unlikely feature

One of Apples biggest successes in 2019 was the announcement of AirPods Pro, but it might be too pricey for some consumers. There may still be a significant demand for a new truly wireless earbuds from Apple with a less...

iOS 14 code allegedly leaked a no-notch iPhone 12 design

The iOS 14 update is only a few months away from being unveiled, so it is not surprising that alleged leak codes have started to make headlines. Recently, a report claimed that an iOS 14 code was containing a supposed...

‘PUBG Mobile’ is getting a new map set in a massive library

There are many reasons to be excited about the upcoming patches for PUBG Mobile. A new map has been spotted along with a new game mode in beta while fans have yet to hear about the Erangel 2.0 again. Next PUBG Mobile...
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