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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.
Featuring a stellar cast of Hollywood’s finest actors, Apple TV's Extrapolations was a bold attempt to center a TV narrative around the dangers of our future on a warming planet, yet failed to capture audiences. But where Extrapolations failed as an effective cautionary tale for society, it may have succeeded as one for filmmakers.
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.
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.
Tolstoy once wrote that exile is a long dream of home, but the dreaming does not persist forever, so that you eventually wake to the knowledge that home exists only in your head and in your memory. Welcome home, various people have been saying, but my silent question is Where is it?
This rush to the missile age is part of a broader escalation of the arms race in previously peaceful regions, distancing countries like Australia and New Zealand from their roles as honest brokers in a nuclear-free Pacific.
How will a warming planet impact us? In conversation with Eureka Street, longtime climate journalist and contributing editor for Rolling Stone Jeff Goodell discusses two decades of covering climate change, examining the effects a superheated world, and how humanity will need to adapt.
Can a journalist responsibly undertake impartial reporting while receiving benefits? For an industry founded on the principle of publishing with neither fear nor favour, the acceptance of favours has possibly outweighed journalistic responsibility towards an Australian public seeking objective knowledge.
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.
There is an economic case for acting on the climate crisis but the economics can be a distraction unless we start the conversation at the right place: the environment. A heating climate will cost us trillions. If we don’t act at all, it will cost us everything.
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.
Sixty years ago today, on November 22, 1963, the world lost three towering figures of the 20th century. On their diamond jubilee, do I think it was the end of the world as we know it when these three died? Each one shaped the twentieth century in a unique way. Each one left us with much to think about still.
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