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Keywords: Efficiency

  • ARTS AND CULTURE

    The subtle art of people-watching

    • Barry Gittins
    • 29 November 2022
    2 Comments

    Sometimes it pays to sit still in a central business district, the aorta of any city, and nod in recognition to life as it passes you by. Bypassed from the stream, you watch and learn as the passers-by flow around you. Mystery and revelation. Connection and dissing. Peace and discord. Meaning, transcendence and futile, random pain. It’s all there if you look close enough. Pause long enough to witness the mysteries.  

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  • ECONOMICS

    Managestocracy

    • David James
    • 28 October 2022

    Who wields the most power in the world? If one follows the money trail, it becomes clear that Western societies have become ruled by a new type of aristocracy: a management aristocracy. 

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  • ECONOMICS

    Real world problems can’t be solved by finance fictions

    • David James
    • 18 October 2022
    3 Comments

    The world is facing cross-currents: a collapsing financial system that is balanced by the benefits of massive, long term improvements in production efficiencies, mainly because of technological advances. It is a bad news/good news story that can only be seen accurately if the intractable errors of contemporary economics are jettisoned. We are in a battle between finance fictions and reality. 

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  • ECONOMICS

    Blowback to Russia sanctions in Europe as gas crisis looms

    • David James
    • 03 October 2022
    5 Comments

    For Europe, especially Germany, there should be enough gas in storage to limp through winter but by next spring there may be severe trouble. The leaders of Europe and the United States expected that they would win the economic war against Russia and force the invader to withdraw. Not only did that not happen, it is likely to lead to severe unintended economic consequences.

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  • AUSTRALIA

    The price of mistrust

    • Julian Butler
    • 29 August 2022

    The absence of trust undermines our ability to meet basic human need, to feel supported, to share resources and to effectively divide responsibilities. Mistrust imposes its own ‘price’ on every ‘transaction’, every engagement with others becomes more costly as we need to account for the perceived insincerity and unreliability of others.  

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  • AUSTRALIA

    Secretly suicidal: Why prisoners need access to Medicare

    • Damien Linnane
    • 27 July 2022

    Two months into a 10-month prison sentence, I was placed in solitary confinement after having a nervous breakdown. I’d originally made a fruitless attempt to keep my breakdown to myself, because I’d been told what would happen if Corrective Services found out I was having mental health issues. One of the first friends I made in prison, like many of the inmates, was suicidal. ‘The best advice I can give you if you’re struggling with your mental health’, he told me, ‘is to do everything you can to keep it from the officers.’

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  • AUSTRALIA

    Reducing flood risk in Lismore starts with better data

    • Jerry Vanclay
    • 19 July 2022

    How is it that Lismore, one of the most flood-prone towns in Australia, can be so ill-prepared and so badly affected by floods this year? Flood frequency is critical information, so you might expect that such guidance was based on the best available data – but this does not appear to be so.

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  • ECONOMICS

    Out-of-control house prices requires a different approach

    • David James
    • 11 May 2022
    4 Comments

    In purely economic terms, the upcoming Federal election is extremely unusual. The shut down of the Australian economy for almost two years because of health measures really has no precedent in our history. Only war can produce that type of shock. The Federal government’s financial response was as extreme as the state of emergency measures, including a sharp increase in Australian government debt. It remains to be seen, however, if the government gets much credit for injecting so much free money into the economy. It is unlikely.

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  • AUSTRALIA

    Local governments are being pushed out of aged care. But at what cost?

    • Zacharias Szumer
    • 05 April 2022
    6 Comments

    Like the aged care sector more broadly, home care is in the process of transition as the federal government implements a system designed around the principles of consumer choice and efficiency. The push is driven by expectations that the number of Australians accessing aged care services will more than triple by 2050.

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  • ECONOMICS

    Best of 2021: Why corporatism, not capitalism, is the root of social harm

    • David James
    • 04 January 2022
    3 Comments

    There really is no such thing as ‘capitalism’ — or rather there are so many capitalisms that the word is altogether too imprecise to be useful. A much better term to identify the problems, even evils, of modern developed economies is ‘corporatism’. This can be precisely identified and its transgressions and general harm are getting worse.

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  • AUSTRALIA

    The fraying of judicial nerves in migration cases

    • Frank Brennan
    • 13 July 2021
    12 Comments

    Australian governments and judges have been playing catch up for a long time trying to deal with the backlog of claims for migrant visas. A couple of recent judgments highlight the frustration at work in the system.

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  • ECONOMICS

    Why corporatism, not capitalism, is the root of social harm

    • David James
    • 06 July 2021
    16 Comments

    There really is no such thing as ‘capitalism’ — or rather there are so many capitalisms that the word is altogether too imprecise to be useful. A much better term to identify the problems, even evils, of modern developed economies is ‘corporatism’. This can be precisely identified and its transgressions and general harm are getting worse.

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