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Economics may be useless for forecasting, and its assertions can be overly simplistic. But it is a language that should be understood, and here is a good place to start. In simple and clear prose, Leigh spans the history of human economic activity, beginning in prehistoric times and ending with the modern day.
The aggregate picture of the economy may seem healthy enough after two years of heavy immigration, over 800,000, and the return of students and tourists. But the elephant in the room remains. Australia is a two-tiered society sharply divided between people who own homes and people who do not. The generational divide is worsening.
Since its release, audiences, critics and philosophers have grappled with Groundhog Day’s take on time and eternity. Like all great art, Groundhog Day resists easy categorisation and is a story that, in a wonderful irony, we can go to again and again.
What does it mean when ideas of scarcity – supposedly the driving principle in understanding supply and demand – are no longer the only or best way to think about economic activity? What is needed to understand the post-industrial environment is a new way of thinking about economics and finance.
The world of Fargo, like ours, is a fallen one, and it’s clear at the end of this season that the cycle of violence will continue. But we’re also left with a strong hope that some of the characters might have found a way out of that hellish cycle of debt and restitution. And if there’s hope for them, there’s hope for us all.
AI and transhumanism will continue to transform economic life on the planet. Rather than trying to stop it, which will fail, the counterattack should instead be to repeatedly insist on the obvious: that the ‘I’ in AI is not human intelligence, and that the ‘humanism’ in transhumanism is not human.
Throughout recent decades of Australian history, the stance every government has taken on asylum seekers has reflected the shifting political landscapes and challenging humanitarian issues that have continually shaped Australia's response to those seeking refuge.
From Moscow to Beijing, a change in global finance looms, set to challenge the long-standing economic hegemony. This imminent shift could redefine global power structures, disrupt currency markets and international trade. Amidst this uncertainty, one thing is clear: the game of geopolitical chess is no longer played on a Western-centric board.
As the world thawed post-Cold War, a debate raged over global supremacy, with Western powers predicting a unipolar world dominated by liberal democracy. Contrarily, others envisioned a future shaped by cultural and religious divides. In a shifting geopolitical landscape, the echoes of this debate continue to challenge long-held assumptions on global power dynamics.
Why another Christmas Carol and why now? This version takes a detour from Dickens’ original delving deeper into Scrooge’s past, painting him not just as a villain, but as a victim of circumstances. It suggests that behind every act we hastily label as ‘cruel’ lies a story of fear and anxiety, and a flesh-and-blood human being. And forgiveness, then, becomes an acknowledgment of our shared human frailty.
Sometimes the darkness of the world, not to mention of our personal lives, can overwhelm us. When we hear of children killed unrepentantly, for example, human rights routinely denied, the cooking of the world locked in, and nations entrusting power to wilful children. How do you deal with such a dark vision?
If money is just a set of rules, we need to ask, how can these rules best serve society and not cause crises? We know, after thousands of years of evidence, that the debt-based system of money eventually self-destructs, and this time, the effects are likely to be felt around the world.
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