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- Why ignorance, not greed, caused the GFC
Sixty years ago, Jesuit Bernard Lonergan developed an analysis of the boom and bust cycles of economy. He often asked, 'Where were the Christian counter-parts of Karl Marx, sitting in the British Museum voraciously reading
and relentlessly studying about political economy?'
Issue 0 : Published 20-Oct-2009
- Mum and dad investors cop economic tough love
An ethos of tough love balks at taxpayer subsidies for
anyone foolish or unlucky enough to make the wrong investment decision. In Australia we prefer to see people as victims and expect the government to clean up the mess.
Issue 15 : Published 03-Aug-2009
- Broadband deal better late than never
Australia has spent the past decade in a consumer frenzy, while social infrastructure vital to our wellbeing has been neglected. The Government's belated $40 billion National Broadband Network will have many long-term benefits.
Issue 1 : Published 08-Apr-2009
- The crash of the can market
Some of the soup van's clients collect cans to sell to a scrap dealer. The work supplements their welfare income and provides a sense of
fulfillment. Since the global market crash business has been slow: 'China doesn't want aluminium now.'
Issue 3 : Published 18-Feb-2009
- A frugal Christmas story
This time of year is marked by a fraught pre-Christmas anxiety, exacerbated this year by the economic crisis. My daughter Rachel lost her part-time job last week.
Her loss is slight compared to her employer's, a young mother who
works in the finance industry.
Issue 25 : Published 16-Dec-2008
- Workers' solution for fallen childcare empire
After the 2001 Argentine economic disaster, workers' collectives organised to autonomously run their enterprises. The collapse of the ABC Learning empire should not be seen as a total calamity, despite the obvious potential for fallout.
Issue 24 : Published 03-Dec-2008
- Imagination spent on global financial solutions
The outcomes of the G20 meeting this month demonstrate the limited vision of many of the world's politicians in confronting the global financial crisis. If our leaders can't imagine a different future, it is up to us to do so.
Issue 24 : Published 27-Nov-2008
- It's time to ditch GDP
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.
Issue 19 : Published 23-Sep-2008
- How to measure governments' economic performance
Both Government and Opposition seem committed to economic reform. But the fact that the Howard Government's fiscal policy is currently being steered by a drunken sailor is cause for alarm, as is Kevin Rudd's lack of experience and seeming inability to come up with his own economic policies.
Issue 16 : Published 22-Aug-2007
- Remembering a homeless man named Patrick
An obsession with an economics graduate who founded an aged care organisation provokes memories of a night on the streets in the company of a homeless man named Patrick.
Issue 15 : Published 08-Aug-2007
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