Still in shock at the ALP’s audacious handout to the nation’s biggest polluters, we thought it time to broach a few of the details hidden within the 824 page Carbon Pollution Reduction Scheme (CPRS) White Paper. Billions of dollars of the commons is proposed to be given away by the climate scheme. Permanent and inalienable carbon permits will be handed … Read More
Bailing Out the Wealth Gap
photo credit: kimberlyfaye Karl Fitzgerald Around the world, pubs and bars are full of insightful conversations, democracy at work grass roots style, as we try to make sense of the global financial meltdown. 19/10/08 “From neo-liberalism to neo-handouts, the pyramid purveyors know how to baffle the masses” scowled Maxxy. With the financial meltdown moving at a rate of knots, policy … Read More
A Fair Deal On South African Land reform?
photo credit: derekkeats Mark Braund Guardian UK The South African government’s recent decision to abandon its Expropriation Bill, aimed at addressing the painfully slow pace of land reform, prompts the question: how can the country move towards a more equitable distribution of land and natural resources 14 years after the end of apartheid? Given the catastrophe in Zimbabwe following Mugabe’s … Read More
Bursting the Bubble – SBS Insight
Last night’s Insight focused on the tragedy unfolding in the housing market and it’s effects on the rest of the economy. It was good to see that Housing Supply side issues got some time on air, but again the property lobby had large numbers in the crowd, no NGO’s got a guernsey, the omnipresent Ross Gittins took the softly softly … Read More
Economic Rehab – Lesson 2: Efficiency
Tohm Curtis continues his slightly sarcastic journey into the underpinnings of economics Okay in Lesson 1, I concluded with the not so startling revelation that the economy was ultimately limited by the external environment or reality. Economics is a science because it’s constrained by reality, and hence people use observations to make predictions on how the natural environment will behave. … Read More