Prioritising growth over all other considerations will only widen economic inequality and deepen already cavernous social crises, argues Neal Lawson
Economy
Australian society has never really been a cohesive entity. In the past its various socio-economic, religious, ethnic, cultural, and political factions have simply hung together largely through a sense of xenophobia about the outside world (read Asia) rather than a commitment to national unity based on shared values and mutually beneficial interests. But today xenophobia Continue reading »
Australians now have access to significant superannuation balances, but if superannuation is going to meet its purpose of ensuring an adequate income in retirement, reforms are needed to provide better access to a superannuation pension. The spread of superannuation is a major achievement The introduction of superannuation covering all employees by the Keating Labor Government Continue reading »
Forget the fear-mongering about a flight of the super rich. The reality is they're not going anywhere, argues Kate Bermingham
Anniversaries are not harbingers of doom. Twenty-five years back, Walter Marks of Oakland Capital, which now manages $US200 billion, had warned his clients that the dot.com boom was a bubble about to burst. On March 23 that year, the market peaked. From there, the Millennium Bug was not in the race to the bottom. This Continue reading »
Humanity stands at a crossroads, its future bound not to conquest but to synthesis. The world before us is not one of irreconcilable opposites locked in perpetual conflict but an intricate ecosystem of human Adaptive Systems, each defined by its strengths and vulnerabilities. In a rapidly interdependent world, Western elites must abandon the confines of Continue reading »
Here we are again, at the beginning of yet another year. Let’s hope it is an improvement on the last. The highlights of this past year have been two events …
The post The Gower Intitiative for Modern Money Studies newsletter – January 2025 appeared first on The Gower Initiative for Modern Money Studies.
There was a time when the world looked to China to reduce its emissions. China was, they quite rightly pointed out, one of the globe’s worst polluters. A repost from Feb 15, 2024 But it’s never been the world’s worst offender. There are many arguments why. The obvious one is the per capita argument:China has Continue reading »
If it wasn’t already clear, the writing is now well and truly on the wall for the fossil car makers: Just a week after BYD launched its $US15,000 “Corolla killer” and with the world’s largest EV battery maker recently announcing it’s on track to cut battery costs in half this year, new research suggests the decline in Continue reading »
Fed by an irresponsible media, neither voters nor political leaders are willing to accept the trade-offs inherent in fiscal choices, writes Chris Grey in his monthly column for the Byline Times print edition