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The ABC’s recent Q+A housing special left many questions unasked and unanswered. Labor, Coalition and Green MPs all say they want more people to be able to buy their own homes. The most obvious way to achieve that would be to reduce the price of housing. Yet no politician will make that an explicit policy aim.
Economics may be useless for forecasting, and its assertions can be overly simplistic. But it is a language that should be understood, and here is a good place to start. In simple and clear prose, Leigh spans the history of human economic activity, beginning in prehistoric times and ending with the modern day.
In the face of developments where the commons are intruded upon for private profit and economic efficiency, we need to treasure such unfashionable concepts as the commonwealth, the common good and the houses of commons – the places for deliberation and decision where what is in the common interest is given priority over the benefit of the few.
The aggregate picture of the economy may seem healthy enough after two years of heavy immigration, over 800,000, and the return of students and tourists. But the elephant in the room remains. Australia is a two-tiered society sharply divided between people who own homes and people who do not. The generational divide is worsening.
The main purpose of government is to promote the welfare of its people. And yet over the last few decades, through numerous inquiries, it’s become clear that the Australian government has failed to provide services for the Australian population as well as might be expected.
February marks 15 years since the Black Saturday fires in Victoria when some 400 fires raced through 78 locations, taking 173 lives, injuring hundreds more, destroying more than 2,020 homes and the entire township of Marysville. In a warming climate, that reality of loss is likely to be repeated ad infinitum.
What does it mean when ideas of scarcity – supposedly the driving principle in understanding supply and demand – are no longer the only or best way to think about economic activity? What is needed to understand the post-industrial environment is a new way of thinking about economics and finance.
Months after the referendum, can we allow this referendum to die while preserving the essence of its vision and optimism? This is akin to our response to the loss of a loved one — we hold onto their memory, reluctant to let go. How do we keep the deeply treasured aspirations of the referendum journey alive while facing the reality of its death?
How can we make progress on the question of whether debate can do harm, and if it can, whether that’s a sufficient reason to suppress particular debates? Or should we adopt a ‘no debate!’ approach to particular topics ourselves?
The world of Fargo, like ours, is a fallen one, and it’s clear at the end of this season that the cycle of violence will continue. But we’re also left with a strong hope that some of the characters might have found a way out of that hellish cycle of debt and restitution. And if there’s hope for them, there’s hope for us all.
Throughout recent decades of Australian history, the stance every government has taken on asylum seekers has reflected the shifting political landscapes and challenging humanitarian issues that have continually shaped Australia's response to those seeking refuge.