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Major red flags in Australian grants administration must be addressed to prevent pork barrelling, according to a submission by the Australia Institute to the parliamentary inquiry into Commonwealth grants administration. Key Findings: 11 different pork-barrelling red flags were highlighted, the most significant include: funds not allocated in line with grant objectives, lack of personal consequences for Ministers

The post Major Red Flags: Reforms Needed to Stop Politician Pork-Barrelling appeared first on The Australia Institute.

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Cartoon for The Washington Post

New research from the Centre for Future Work quantifies the dramatic risks faced by workers whose employers unilaterally terminate enterprise agreements during the course of renegotiations. This aggressive employer strategy, which became common after a precedent-setting 2015 court decision, would be curtailed by new industrial relations legislation proposed by the Commonwealth Government.

The post IR Reforms To Close Off The ‘Nuclear Option’ Will Protect Wages and Entitlements appeared first on The Australia Institute.

The hospitality industry is one of the world’s biggest energy consumers. Hotels, restaurants, and other businesses use much more electricity than the average household. However, these businesses can also be leaders in energy conservation by adopting smart solutions that will help them reduce their carbon footprint and save money at the same time. Let’s explore…

The post 5 Energy-Saving Tips for Your Hospitality Business appeared first on Peak Oil.

As control of the Senate hangs in the balance, once again, the balance of power may be decided in Georgia. And once again, as in 2020, Reverend Raphael Warnock [D] is headed for a runoff race — but this time the rules have been changed. ... READ MORE

A couple of weeks before the midterm elections, a man broke into the San Francisco...

For years, in addition to writing about it numerous times for RD, I’ve included a...

Since the start of the pandemic, home prices in the U.S. have increased by an astonishing 40 percent. The New York-Northern New Jersey region saw a similar meteoric rise, as home prices shot up by 30 percent or more almost everywhere—even in upstate New York, where economic growth was sluggish well before the pandemic hit. New York City is the exception, where home price growth was less than half that pace. Indeed, home prices actually declined in Manhattan early in the pandemic, though they have rebounded markedly since. Much of the region’s home price boom can be traced to the rise in remote work, which increased the already strong demand for housing at a time when housing inventories were low and declining. Home price increases have largely outpaced income gains through the pandemic boom, resulting in a reduction in housing affordability in the region. However, with mortgage rates rising, it appears that the region’s housing boom is waning, as it is for the nation as a whole, with prices leveling off, though the inventory of available homes remains historically low.

Quels sont les problèmes à long terme qui doivent être résolus et quelles sont les solutions disponibles?

Pr Kako Nubukpo, Commissaire à l’Agriculture, aux Ressources en eau et à l’Environnement de l’Uemoa, et ancien Ministre de la Prospective et de l’Evaluation des politiques publiques du Togo est l’auteur du récent ouvrage « Une solution pour l'Afrique. Du néoprotectionnisme aux biens communs » publié aux éditions Odile Jacob. Dans le cadre de cet entretien, il revient sur l’impact économique et social de la guerre en Ukraine sur la sécurité alimentaire en Afrique.

Les économies africaines font face à une inflation suite à une hausse des prix des matières premières induite par la guerre en Ukraine. En quoi pensez vous que cette crise présente une opportunité pour repenser les politiques agricoles en Afrique ?

What are the long-term problems that need to be addressed and what solutions are out there?

Professor Kako Nubukpo is Commissioner for Agriculture, Water and Environment at the West African Economic and Monetary Union (WAEMU, also known by its French acronym UEMOA) and a former Minister of Prospective and Evaluation of public policy in Togo. He recently authored, Une solution pour l'Afrique. Du néoprotectionnisme aux biens communs, published by Odile Jacob Press. In this interview, he considers the economic and social impacts of the Ukraine conflict on food security in Africa.

African economies are facing high levels of inflation due to big price increases for many basic goods, following the invasion of Ukraine. How far might this crisis represent an opportunity to rethink agricultural policies in Africa?

by Greg Mikkelson

Brian Czech once likened modern economic growth to a runaway train. This metaphor drives home the point that to save nature and humanity from an ecological train wreck, the most important thing is to decelerate the global economy. Unfortunately, much writing on environmental protection neglects this imperative and fixates instead on what we must accelerate.

For example, the must-read Living Planet Report,

The post Slow is Beautiful: The Need to Decelerate appeared first on Center for the Advancement of the Steady State Economy.

"In these times of hyper-geopolitical competition, the arming of police forces with assault weapons could result in dangerous outcomes in the future."

Currency values are important both for the real economy and the financial sector. When faced with currency market pressures, some central banks and finance ministries turn to foreign exchange intervention (FXI) in an effort to reduce realized currency depreciation, thus diminishing its economic and financial consequences. This post provides insights into how effective these interventions might be in limiting currency depreciation.

Cross posted from La Tribune Diplomatic International. French version Mohsen Abdelmoumen: Your analysis of Mesopotamian times and the wise rule of Emperors embodied by the practice of the Jubilee (compared to the predation of oligarchies) resonate with the Islamic economic theory which forbids riba (meaning usury) and imposes that banks and creditors share the risk Continue Reading

The post War and Debt to Rule first appeared on Michael Hudson.

The demise of Trussonomics was a welcome victory for decency and common sense in a minor battle within a broader class war. Sadly, the class that Liz Truss tried to bolster with copious tax and regulatory gifts will win this war by deploying an even nastier, blunter, dirtier weapon: austerity. Britain’s wealthy owe a debt […]

The post Rishi Sunak’s ‘grown-up’ austerity is designed to keep zombie capitalism alive appeared first on Yanis Varoufakis.

An analysis of 2019 data suggests that female veterans and male veterans have earnings premiums of 5.9% and 4.1%, respectively, relative to their nonveteran peers.

Cartoon for The Washington Post

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The ‘solution’ master-minded by global finance at COP27 to resolve the imminent environmental crisis: create a multi-quadrillion dollars’ worth of assets on the back of everything nature does and expropriate it from the global commons to make a profit.

TRANSCRIPT

LYNN FRIES: Hello and welcome. I’m Lynn Fries producer of Global Political Economy or GPEnewsdocs. Today’s guest is John Bellamy Foster.

He’ll be talking about the financialization of the earth as a new ecological regime. A regime where the rapid financialization of natureis promoting a Great Expropriation of the global commons and the dispossession of humanity on a scale that exceeds all previous human history. And which is accelerating the destruction of planetary ecosystems and of the earth as a safe home for humanity. All in the name of saving nature by turning it into a market.