Project Syndicate 18th of September, 2024 “Shortly after taking office, the United Kingdom’s new Labour government announced the discovery of a massive shortfall in public finances. While much of the political debate has centered on the size of this fiscal hole, the real culprit is the set of arbitrary rules that British governments have imposed on themselves … Continue reading Britain’s Illusory Fiscal Black Hole
politics
The Spectator, 13 January 2024 Monetarism, with which his name is associated, has long defined economic policy. But what would Friedman have made of the banking collapse, so soon after his death in 2006? The Keynesian economist Nicholas Kaldor called Milton Friedman one of the two most evil men of the 20th century. (Friedman was … Continue reading Milton Friedman – economic visionary or scourge of the world?
Ren Zeping’s almost frantic call one week ahead of Beijing’s dramatic loosening of monetary policy. Before the People’s Bank of China’s unusually bold, if not unprecedented, big bang last week to boost investor sentiments, the frustration with Beijing’s apparent lack of urgency in aiding the world’s second-largest economy grew increasingly apparent. One of the signs Continue reading »
The law locks up the man or woman who steals the goose from off the common; but leaves the greater villain loose who steals the common from the goose. Continue reading »
The United Nations is the biggest incubator of global norms to govern the world and the vital core of the rules-based global multilateral order. Four parts of the UN system have complementary roles in efforts to regulate and eliminate nuclear weapons. The International Atomic Energy Agency (IAEA) is a technical organisation that functions as the Continue reading »
It surely behoves our government to stand up to the Israel lobby and the Christian Zionists. The big war that Netanyahu wants would be catastrophic for the peoples of the world. It would cost the lives of ADF personnel and have a serious detrimental impact on our economy... Continue reading »
Today our five-minute scroll on X was filled with Julian Assange’s first public appearance before the PACE hearing, a parliamentary hearing on his detention and conviction on 1 October 2024. My naiveté was in believing in the law @couragefound “My naiveté was in believing in the law. When push comes to shove laws are just Continue reading »
In the past 5 years both the Morrison and Albanese governments have provided funding to enable each state and territory to build, or expand on an existing, Holocaust museums or education centres. The Tasmanian government announced last year it had secured $2m in Commonwealth funding to build a centre at the Tasmanian Museum and Art Continue reading »
There are few economies on the planet more concentrated in terms of vital services and markets than Australia. The players and actors are few and far between, be they in banking, insurance, supermarkets, the media or the aviation market. Continue reading »
Iron ore has underpinned Australia’s prosperity. Gas and coal exports are bound to fall as market countries cut their carbon emissions. Can we build our future on “green” steel? Australia’s number one export today is iron ore. In 2023, our miners shipped out around 900 million tonnes of ore worth $124 billion. This amounted to Continue reading »