Economy

Created
Thu, 13/06/2024 - 04:53
With what passes for Australia’s population debate in the spotlight again, some history might prove illuminating, especially environmental history. The United Tasmania Group (UTG) formed on 23 March 1972 at Hobart Town Hall, under the leadership of botanist Richard Jones, as the threat to flood Lake Pedder reached a climax. The lake came under threat Continue reading »
Created
Sun, 09/06/2024 - 04:58
The world economy is experiencing a deep process of economic convergence, according to which regions that once lagged the West in industrialisation are now making up for lost time. The World Bank’s release on May 30 of its latest estimates of national output (up to the year 2022) offers an occasion to reflect on the new Continue reading »
Created
Sat, 08/06/2024 - 04:53
In an era of out of control climate change, the case for leaving gold in the ground is even stronger than that for coal. Investor and shareholder pressure has seen the likes of BHP and Rio Tinto divesting from the latter; but in practical, if not financial, terms ending the mining of gold is a Continue reading »
Created
Fri, 07/06/2024 - 04:55
The latest Budget in New Zealand appeared to have been driven by the old idea that small government is the best government. Thousands of public service jobs have been slashed while the government reduced its own revenue by cutting taxes. The tax cuts were an election pledge. The National Party’s view was that as incomes Continue reading »
Created
Fri, 07/06/2024 - 04:54
In her work, ‘On Death and Dying’ Elisabeth Kübler-Ross wrote of the stages one goes through on being told one is dying. She called these ‘Five Stages of Grief,’ of adjusting to reality: denial, anger, bargaining, depression and acceptance. Such is descriptive of the attitude of much of the West to the rapidly changing world Continue reading »