Search Results: global financial crisis

  • AUSTRALIA

    Bipartisan games

    • John Warhurst
    • 21 October 2008
    1 Comment

    Kevin Rudd has a patchy record of bipartisanship. Although Rudd and Turnbull together offer the best chance yet for the republican movement, they have traded blows over bipartisan approaches to this and to the the economic crisis.

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  • ECONOMICS

    Wall Street Blues

    • Jim McDermott
    • 20 October 2008
    6 Comments

    As I walk the streets of Manhattan, things seem much the same as always. Yet newspapers are peppered with references to the market 'cratering', a term that conjures the desolate landscape of the moon. A friend suggested another interpretation: 'A crater is what's left after a massive explosion.'

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  • ARTS AND CULTURE

    The battle for the economy class armrest

    • Brian Matthews
    • 15 October 2008
    10 Comments

    Recent events both aeronautical and financial have been enough to scare anyone off banks and aeroplanes forever. Global economic chaos is nothing compared with the trauma of being stuck next to a large person on a plane.

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  • ECONOMICS

    The chuckling economist

    • Bronwyn Lay
    • 13 October 2008
    16 Comments

    On the day the markets bled we rushed to hear Stiglitz's diagnosis. The Nobel Laureate used to be Chief Economist of the World Bank, ending his term in fisty cuffs with the IMF and the US over their financial bullying of developing nations. Stiglitz had schadenfreude written all over his face.

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  • AUSTRALIA

    Virtue regained amid market bloodshed

    • Andrew Hamilton
    • 06 October 2008
    1 Comment

    More people read Inferno and Paradise Lost than Paradiso and Paradise Regained. Perhaps that is why the financial crisis and attempts to resolve it have been received so sullenly: sin and punishment sell better than virtue and reward.

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  • RELIGION

    Reality check for antisocial Church

    • Bruce Duncan
    • 02 October 2008
    15 Comments

    There is tension in the churches between those focused on piety and those engaged with social justice. Benedict's document on globalisation will presumably stress that concern for social justice is essential to the Church's mission.

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  • RELIGION

    The wage of sin is the death of the market

    • Andrew Hamilton
    • 25 September 2008
    14 Comments

    It is interesting that the Churches have had little to say about the financial crisis and the behaviour that caused it. After all it has put at risk the lives of people throughout the world no less than abortion, euthanasia or gambling.

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  • ECONOMICS

    It's time to ditch GDP

    • John Wicks
    • 23 September 2008
    9 Comments

    The 'trickle down' of wealth proclaimed by neo-liberalism is debatable, and hardships flowing from sub-prime activities descend on the disadvantaged with the finesse of a freight train. Some economists have demanded the GDP measure be replaced by goods and services data that promote the common good.

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  • AUSTRALIA

    Turnbull's opportunity to back battlers

    • Michael Mullins
    • 22 September 2008
    2 Comments

    Malcolm Turnbull laughed off the Government's half-baked attack on his wealth last week. With Australians more interested in who a politician represents, he has the opportunity to protect the poor by imposing increased regulation on the finance sector.

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  • ECONOMICS

    When sharemarkets and the real world collide

    • Robin Bowerman
    • 19 September 2008

    The problems besetting Wall Street investment banks seem a long way from life in downtown Australia. The need to know the context of the economic crisis, and to keep a clear head, has never been more important.

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  • ARTS AND CULTURE

    A brief history of the car bomb

    • Gary Pearce
    • 18 May 2007

    A new book shows how the history of a technology can be used for exploring some of the key forces and events of an age. The future could have us all living in red zones, and subject to surveillance, police checks and suspended civil liberties.

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  • INTERNATIONAL

    Respect for human rights requires debt cancellation

    • Angelica Hannan
    • 27 February 2007
    1 Comment

    To address the problem of Third World debt, citizens of developed countries need to place the satisfaction of human needs at the heart of government policy. A history of poor governance, greed, and cultural imperialism are at the core of the Global North’s exploitation of the South.

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