The Language of Policy: How Economics Shapes the Decisions That Shape Our Lives (with Dr Danielle Wood)
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The Language of Policy: How Economics Shapes the Decisions That Shape Our Lives (with Dr Danielle Wood)
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What role does economics play in shaping the policies that influence our everyday lives?
In this episode of Markets & Motives, Dr Danielle Wood, Chair of the Productivity Commission and co-founder of the Women in Economics Network, speaks with Isabella Sciacca from Queensland Young Economists about how economic thinking helps policymakers tackle some of society’s biggest challenges.
Danielle reflects on why productivity is fundamental to long-term prosperity, the growing challenges involved in maintaining quality of life, and how economics has evolved as a discipline. She also discusses the role economists play across policy areas including climate, health and inequality, and why the next generation of economists will increasingly work across multiple disciplines.
As Danielle puts it, “economics is the language of policy.”
Markets & Motives is a podcast series by the Economics Society of Australia (Queensland), featuring conversations between young economists and senior leaders working across a wide range of industries. Each episode explores their career journey, area of expertise and how economic thinking is applied in real-world decision-making.