Search Results: economists

  • AUSTRALIA

    Economists undaunted by car industry canning

    • Ray Cassin
    • 12 February 2014
    18 Comments

    Malcolm Turnbull assures us that something will come along to fill the gap left by the demise in Australia of Toyota and SPC Ardmona. But new sources of employment do not magically appear because they have been foretold by economic doctrine. Only about a third of those who are about to lose their jobs in car making or food processing are likely to find new jobs on equivalent incomes. Another third will probably never work again.

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  • ECONOMICS

    Deciphering capitalism's corrupt metaphors

    • David James
    • 07 February 2014
    15 Comments

    'All animals are equal, but some animals are more equal than others'. This was George Orwell's parody in Animal Farm of the vicious use of language in communist states. It was one of his memorable depictions of how the absurdities of language not only reflect evil, but also predicate it. Language was a tool of oppression in communist states. In capitalism it is no less vicious.

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  • AUSTRALIA

    Vulnerable victims of government hit-and-run

    • Irfan Yusuf
    • 04 February 2014
    7 Comments

    Each time I see a Melbourne driver wait for a pedestrian, it seems they can barely restrain the urge to run the poor person over. Similar observations could be made about how our politicians confront the most vulnerable individuals.

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  • AUSTRALIA

    Coalition's car kill is crazy

    • Tony Kevin
    • 08 November 2013
    23 Comments

    The Coalition's impending destruction of the Australian car industry by calculated public stalling of decisions on government assistance is shaping up as its most disastrous high-visibility policy blunder. This industry — but none other — is to be wilfully abandoned as a victim of rigid free-market economic ideologies. It does not make sense, in economic, social or national security terms. This is Australia's version of US Tea Party budget brinkmanship.

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  • AUSTRALIA

    Labor's light on the hill

    • Frank Brennan
    • 02 November 2013
    7 Comments

    'There have been innumerable post-mortems and words of advice as to how the party with new structures, election rules, and policies can pick itself up, dust off, and win the next election. Sadly some of those post-mortems have come with more coatings of spite and loathing. It is no part of my role in the public square as a Catholic priest to offer such advice.' Frank Brennan's address to the Bathurst Panthers Club, 2 November 2013.

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  • AUSTRALIA

    Flawed beauty in back-to-the-wall Budget

    • Paul O'Callaghan
    • 15 May 2013
    13 Comments

    The Treasurer has emphasised his belief that Labor's values and priorities are reflected in this Budget. He is keen to help the battler. Yet there is a sharp dissonance between the Government's promotion of a 'fair go' through big reforms and its evident disinterest in so many citizens whose financial struggles are profound.

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  • ECONOMICS

    Banksters' deadly game of Sheldon's three-person chess

    • David James
    • 01 May 2013
    3 Comments

    In The Big Bang Theory Sheldon invents a game of chess which 'utilises a three-sided board with transitional quadrilateral-to-triangular tessellation to solve the balanced centre combat-area problem'. This gobbledegook sounds suspiciously similar to the application of mathematical models to financial securities in derivatives markets.

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  • ARTS AND CULTURE

    In bed with Phillip Adams

    • Barry Gittins and Jen Vuk
    • 08 March 2013
    7 Comments

    Adams once told me about his room of gods. It's chockablock with deities from myriad cultures and creeds. While Adams is revered as Godfather to Australia's atheists, at heart he remains a young boy huddled under the covers at night; buried under the considerable challenges due his story of origin.

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  • AUSTRALIA

    Coal mining, civil disobedience and the public good

    • Michael Mullins
    • 14 January 2013
    11 Comments

    Fake ANZ media release activist Jonathan Moylan did the wrong thing in undermining public confidence in the share trading system. But he would not have seen the need to act if governments and the coal industry were acting with integrity and in the public interest.

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  • AUSTRALIA

    Broken shoes and dead ends in China's leadership transition

    • Binoy Kampmark
    • 14 November 2012
    1 Comment

    Australia's unimaginative perspective on China's growing power accords with Washington's. In Obama's terms, China can be an adversary or a partner. China is a complex leviathan, and the great challenge is how to integrate it into the global system without conflict.

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  • ECONOMICS

    Debunking the global financial con job

    • David James
    • 12 November 2012
    12 Comments

    Even after the most dangerous financial crises ever seen, finance industry lobbyists still argue that the sector should not be too heavily regulated as that would be counterproductive. This is nonsense. Money is rules. It is a question of who sets the rules and what kind of rules they should should be.

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  • AUSTRALIA

    Immigration for sale

    • Patrick McCabe
    • 24 October 2012
    3 Comments

    Proponent of an immigration 'free market' Gary Becker would accommodate poor migrants by allowing businesses to lend them the 'immigration fee' in exchange for their labour upon arrival. Poor migrants tend to be unskilled, so this scheme would remain largely unutilised. Moreover, this arrangement might amount to indentured servitude.

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