politics

Created
Mon, 18/03/2024 - 04:56
A recent Essential Poll published in The Guardian proves yet again that silly questions often get silly answers. One of its question was “Which of the following is closest to your view on what Australia’s role should be in global affairs: Primarily an ally of the US An independent middle power with influence in the Continue reading »
Created
Mon, 18/03/2024 - 04:58
In Australia, the ‘Anzac Cloak’ is appropriated, proselytised, prostituted and promoted far too often for perfidious reasons: to lend some dubious activity gravitas and shield it from criticism. Internationally, another ‘Cloak’ has arisen from the horrific circumstances of the Holocaust. Instead of being the touchstone for solemn commemoration of the manifold injustices visited upon the Continue reading »
Created
Mon, 18/03/2024 - 04:51
Without a hint of embarrassment, Australian Treasurer Chalmers declared that ASEAN was ripe for the plucking by Australian business turbocharged by a AUD$2 billion fund. “This is where the action is – in ASEAN – and we want to get a bigger slice of that action” he said. Addressing 100 chief executives from Australia and Continue reading »
Created
Mon, 18/03/2024 - 04:55
Australia’s superannuation system is based upon defined contributions, largely because that avoids the main weakness of many overseas systems based on defined benefits of rising costs for future generations. The tendency, however, is to focus on the wealth creation from the defined contributions, not on the delivery of secure retirement incomes that is the focus Continue reading »
Created
Mon, 18/03/2024 - 04:57
Obviously no Australian, much less an MP, should ever sell out his country to any foreign power. However, in recent times, some actions taken by certain MPs arguably amount to doing just that. Mike Burgess, chief of the Australian Security Intelligence Organisation (ASIO) appointed by the previous Scott Morrison government, gave an example of this Continue reading »
Created
Sun, 17/03/2024 - 04:51
Economics has achieved much; there are large bodies of often nonobvious theoretical understandings and of careful and sometimes compelling empirical evidence. The profession knows and understands many things. Yet today we are in some disarray. We did not collectively predict the financial crisis and, worse still, we may have contributed to it through an overenthusiastic Continue reading »