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Keywords: Economics

  • ECONOMICS

    Best of 2012: The upside down world of global capital

    • David James
    • 09 January 2013
    1 Comment

    Money is not like water, that 'flows' around the world, reaching 'equilibrium', or experiencing 'volatility'. It is transactions between people, based on trust. It enables the cooperation that forms the basis of social life. Human beings should be at the centre. Yet that is the opposite of what is happening. Monday 27 August 

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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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  • ECONOMICS

    The upside down world of global capital

    • David James
    • 27 August 2012
    5 Comments

    Money is not like water, that 'flows' around the world, reaching 'equilibrium', or experiencing 'volatility'. It is transactions between people, based on trust. It enables the cooperation that forms the basis of social life. Human beings should be at the centre. Yet that is the opposite of what is happening.

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  • ARTS AND CULTURE

    Drowning rats of Wall Street

    • Tim Kroenert
    • 02 August 2012

    Eric Packer is 'the one per cent', who stoically discusses economics with his chief advisor even as an anti-capitalist protest broils outside his limousine; Occupy reimagined as animal anarchy, with protestors yielding spray-paint and dead rats; 'the 99 per cent' of the besieged city raging to reassert their worth.

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  • AUSTRALIA

    Hockey and Thatcher's 'no entitlement' is bad economics

    • Michael Mullins
    • 14 May 2012
    15 Comments

    Joe Hockey provoked outrage with his recent suggestion that we should rely on families rather than the state for social welfare. His premise that high social spending leads to debt and decline reflects the GDP fetish of fundamentalist economists that Joseph Stiglitz blames for Europe's current economic problems.

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  • ECONOMICS

    Economics as if people mattered

    • Chris Middleton
    • 08 November 2011
    8 Comments

    Whatever the merits of Occupy Wall Street, it is far too early to speak of any substantial challenge to the dominance of capitalism. Yet there is a real taste for exploring alternatives. The most influential of faith-based approaches to economic theory is that of distributism.

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  • RELIGION

    Faith and famine: The new Irish who call Australia home

    • Frank Brennan
    • 30 August 2011
    3 Comments

    The faith of the Irish in politics, economics and religion is at a low ebb, and for the most understandable of reasons.  It is not a famine, but it is mighty grim. There are tens of thousands coming here under the  457 visa and the Irish Working Holiday Visa.

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  • ENVIRONMENT

    Opportunities on a crowded planet

    • Bruce Duncan
    • 05 July 2011
    14 Comments

    Unless countries are prepared to implement draconian birth-control policies like China's, realistically there is no alternative but to prepare for a world of 9 billion people. But the increase in global population need not provoke a catastrophe.

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  • ECONOMICS

    Brake failure on the economic freeway

    • Neil Ormerod
    • 26 October 2009

    Even if we understand the intelligiblity of an automobile, we can still drive badly. With the GFC, the argument is not that better theories will ensure everyone behaves properly, but that without a proper economic theory even people of good will cannot work to achieve the good.

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  • ARTS AND CULTURE

    How Indigenous wisdom can save the Murray Darling Basin

    • Margaret Simons
    • 02 October 2009
    2 Comments

    An alliance of traditional owners in the Murray Darling Basin is seeking to assert their role in decisions concerning water management. In Murray River Country, Jessica K. Weir shows how their view for a healthy river could bring economics and ecology into alignment.

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  • RELIGION

    The popes versus the free market

    • Bruce Duncan
    • 02 April 2009
    7 Comments

    In his forthcoming response to the global financial crisis, Pope Benedict does not have to reinvent the wheel. Catholic social writings have long insisted that economics must be directed to serve the good of everyone, not just the rich.

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  • ECONOMICS

    Remembering a homeless man named Patrick

    • Daniel Donahoo
    • 08 August 2007
    1 Comment

    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.

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