With the federal election campaign today seeing Opposition Leader Tony Abbot promoting Infrastructure bonds with a 10% tax concession for investors, there is an urgent need for better understanding of infrastructure financing. Abbot’s plan should be written off as the interest rate spread between Australia and the rest of the world is significant enough not [...]

Today I had the pleasure of seeing Professor Joseph Stiglitz speak on the topic of From Measuring Production to Measuring Well-Being, courtesy of the Economic Society of Australia. I became a fan of his following his timely defection from the World Bank as outlined in Greg Palast’s The Globalizer Who Came in from the Cold. [...]

photo credit: SvenDowideit Respected Ecological Economists Herman Daly writes in Modernizing Henry George: Economists have traditionally considered nature to be infinite relative to the economy, and therefore not scarce, and therefore properly priced at zero. But the biosphere is now scarce, and becoming more so every day as a result of growth of its large [...]

Interesting facts – no unemployment in squatter cities! With free access to land we can always keep busy helping someone. Read more on population.

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