Search Results: economics

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  • A trinity of questions about Laudato Si’

    • Frank Brennan
    • 05 August 2015
    3 Comments

    Pope Francis is not the first pope to address a social encyclical to everyone. But in comparison with his predecessors, Francis has been more inclusive in the process of writing the encyclical and in the final content of the document. He quotes from 17 different conferences of Catholic bishops. He is at pains to indicate that he is collaborative and that he takes the principle of subsidiarity very seriously. Being the final redactor of the text, he has felt free to interpolate some very folksy advice from time to time. He has also taken the liberty of inserting some very blunt, evocative images of environmental and economic devastation.

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  • Homily for the Feast of St Ignatius Loyola

    • Frank Brennan
    • 02 August 2015
    1 Comment

    I am one of those Jesuits who sometimes has been perceived as not being sufficiently loyal to the church hierarchy. From time to time, people of good will have urged me to consider Ignatius' rules for thinking with the Church which are appended to his Spiritual Exercises. The stereotypical view of those rules is often summed up by quoting the first sentence of the 13th rule: 'To keep ourselves right in all things, we ought to hold fast to this principle: What I see as white, I would believe to be black if the hierarchical Church would thus determine it.' But life was not ever that simple, even in the time of Ignatius. Feast of St Ignatius homily by Frank Brennan

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  • ECONOMICS

    Rich retirees may need the aged pension

    • David James
    • 30 July 2015
    6 Comments

    There has been great pressure on both of the major political parties to stop giving so-called rich retirees partial pension income. The conventional view has become that retired millionaires should not be feeding off the public teat. But in terms of income, many of those 'rich retirees' would actually be better off on the pension.

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  • RELIGION

    'The Australian' gangs up on Pope Francis

    • Bruce Duncan
    • 09 July 2015
    37 Comments

    In a series of articles, The Australian newspaper has strongly criticised the new encyclical Laudato Si', with editor-at-large Paul Kelly charging that the Pope has 'delegitimised as immoral' pro-market economic forces. This is wrong. Pope Francis is not opposed to the free market in principle, but insists that it be well regulated to ensure social justice for all involved.

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  • ECONOMICS

    The IMF has failed Greece

    • David James
    • 30 June 2015
    6 Comments

    International Monetary Fund prescriptions have a long history of failing, and countries that ignore them are often the ones that do surprisingly well. Few have been asked to be more servile than the Greeks. When the IMF came in with what is amusingly referred to as its austerity 'plan', the Greek economy was expected to grow at over 2 per cent. After the 'plan' had taken effect, the country’s economy had shrunk by a quarter.

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  • ARTS AND CULTURE

    Two goats, a sheep and Grexit

    • Gillian Bouras
    • 30 June 2015
    4 Comments

    In the early hours of Saturday, Prime Minister Alexis Tsipras had announced a referendum for July 5. Whether the average Spiro and Soula has much idea of the macroeconomic issues seems doubtful. I certainly haven’t. And there is not much time for them or me to learn. Spiro and Soula and I are naturally concerned about the supply of ready cash.

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  • ARTS AND CULTURE

    A rant about America's weapons fired economy

    • Brian Doyle
    • 16 June 2015
    21 Comments

    Here's a story. A man who was a soldier in the American army in Iraq tells it to me. A friend of his, one of his best and closest friends, was nearly pierced through by a bullet fired by a sniper. American surgeons removed the bullet and discovered it was a 5.56mm cartridge manufactured in Lake City, Missouri. For profit.

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  • AUSTRALIA

    Do working mums raise better boys?

    • Jen Vuk
    • 11 June 2015
    3 Comments

    Not only are we working mothers providing a leg up for our daughters, helping shape a new, improved, domestic male, and paving the way for stronger, adaptable, more spiritually-attuned human beings, but perhaps we're also part of a new thinking that's redefining and reassessing what success will look like in the future. Having a mother who not only goes to work, but works from home, I hope my sons grow into men who will have insightful and supportive relationships with the women in their lives.

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  • EUREKA STREET TV

    Living and flourishing with quadriplegia

    • Peter Kirkwood
    • 09 June 2015
    4 Comments

    In October 2010, shortly before his 40th birthday, Pentecostal pastor and theologian Shane Clifton rode a bike at high speed off a ramp and into a pit of foam rubber. When he landed, he fractured his spine, severed his spinal cord, and became a quadriplegic. He was forced to ponder deeply his beliefs and doubts, strengths and weaknesses, and the possibility of flourishing in the midst of human suffering.

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  • ECONOMICS

    Management thinking in schools is a bad business

    • David James
    • 08 June 2015
    19 Comments

    Allowing such a flimsy discipline as management to co-opt an area as important as education, as appears to be the trend, is as absurd as it is saddening. Education has been with us for thousands of years and encompasses some of the most profound thinking the civilisation has produced. Management thinking has been with us for a few decades and has accomplished next to nothing.

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  • AUSTRALIA

    Fossil fuel divestment economics in line with morality

    • Michael Mullins
    • 31 May 2015
    3 Comments

    The Norwegian Parliament has just ordered its $A1.15 trillion Sovereign Wealth Fund to divest from coal. This represents the largest single divestment from fossil fuels in human history, and our biggest sign yet that the age of coal is over and the financial case for investing in fossil fuels is likely to disintegrate. Australia will crash and burn both economically and morally if we do not follow suit.

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  • AUSTRALIA

    Education with higher expectations

    • Andrew Hamilton
    • 27 May 2015
    7 Comments

    Tony Abbott's evocation of 'the tyranny of low expectations' invites more general reflection on education and public life. I believe that the Australian approach to education does indeed impose a tyranny of low expectations in the sense that the expectations are defined by economic achievement and its attendant wealth and status, and the goal for schools is success in enabling students to participate economically.

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