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: Torley Selling the environment in order to save it? Frank Stilwell Professor of Political Economy University of Sydney As published in our Progress Magazine The Rudd government’s review of climate change policies, chaired by Professor Ross Garnaut, has issued its interim report and will present its final report later this year. Many environmentalists [...]

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 [...]

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 [...]

photo credit: mhalon as according to Tohm Curtis a new series outlining why Economic Rehab is crucial What does ‘Economics’ mean…there’s some confusion as to whether it is a science or a philosophy? Wikipedia can provide some insight into the history of economics. I think though that maybe the simple starting point is: Economics is [...]