David Cameron’s socialism by some other name
Whither Keynes? For the past six to twelve months, the big philosophical imponderable doing the rounds in British political life has been the extent to which the government should intervene in the market in order to stimulate the national economy. [...]
Occupy London: radical or conservative?
For almost two months now, the Occupy London camp has remained firmly entrenched outside St. Paul’s Cathedral, having been banned from the private grounds of Paternoster Square, where the London Stock Exchange is located. After winning its philosophical “huddled masses” [...]
‘Rational’ econocrats v. “hand waving Mediterraneans”
There was an extraordinary article (unfortunately not online) in the weekend Financial Review discussing the latest EU developments – the departure of George Papandreou and Silvio Berlusconi as Prime Ministers of Greece and Italy and their replacement by econocrats acceptable [...]
Democracy v. EU Plutocracy: Links post
A number of important posts worth noting about the decision of Greek Prime Minister Georges Papandreou to submit the EU’s latest “rescue”/austerity package to a referendum: Yves Smith: …no one anticipated that a long suffering debtor would revolt, which is [...]
Why Adam Bandt is (largely) wrong about the Qantas dispute
There’s been a fair bit of discussion around the traps about Adam Bandt’s statement yesterday about what the government should have done, or left undone, with regard to the Qantas dispute. Some of Bandt’s post seems to echo criticism from [...]
2011 Melbourne Cup thread
It’s that time of year again. Post whatever you like about the Melbourne Cup – tips for Tuesday, anecdotes, trivia, deconstruction, equine sock puppets, fashion advice, hangover cures, etc.
Future of journalism and the News paywall
As a follow up to Monday’s post, Adam Brereton at New Matilda has uncovered a rather perverse side-effect of the News Limited paywall. The company’s staff will become its customers, being required to pay to access the content they have [...]
BlueScope Steel, jobs and the mining boom
After campaigning against the Carbon Tax, BlueScope Steel is being cruelled by the lack of a proper Resources Rent Tax.
Live cattle exports
This contented cow image from an ABC story is the converse of what I gather was shown on Four Corners last week. We didn’t, couldn’t watch it, but the images have been appearing all week in regular ABC TV news [...]
The Invisible Hand Shrugged
Newsflash: most of humanity inexplicably fail to queue in their squintillions at the box office for movie that portrays most of humanity as parasites upon the Übermensch.
How could they be so depravedly indifferent to this important message about their true unworth?
Quick link: Floods and insurers
Over at New Matilda, Ben Eltham and Ian McAuley critically examine some of the controversies about insurance stimulated by the recent Queensland floods and cyclones, and analyse suggestions for industry reform.
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