Steve Keen, winner of the Revere Award, was recently interviewed on the Renegade Economists. Listen to the interview, conducted during the midpoint of his Canberra to Kosciusko holiday. A little argy bargy makes for interesting listening. Once you have listened, read this post on China and credit restrictions. Apologies for the delay on getting this up, some technicalities occurred with … Read More
Resource Rents For All, Not Just Red Carpet Magnates
With the mining magnates armed with an $8m war chest to defend their ability to gouge monopoly rents off the productive sector of the economy, it’s apt we put this video back up. Whose resources are these?
Caveats and Prejudices
photo credit: Thoth, God of Knowledge Tohm Curtis Week #6: Caveats and Prejudices This week I’m going to twist a bit of military wisdom: ‘If the map doesn’t match the ground, the ground is wrong.’ It may be entirely the case that there is systemic bias to my criticism of my courses. For example, I can feel that my finance … Read More
Kindly Remove Your Fingers From My Heartstrings, Aussie Pollies, You Don’t Know How To Play Them.
Have you ever heard the word ‘family’ bandied about so often as in the Government’s ‘response’ to the Henry Tax Review last week? I put the word ‘response’ in parenthesis because, as Alan Kohler so aptly pointed out on the ABC website, Henry’s comprehensive review and the Rudd/Swan tax ‘reform’ statement (sorry, our ‘leaders’ have driven me to parenthesis hell) … Read More
Resource Rents in the Eye of the Storm
photo credit: versageek The might of the Australian mining industry is throwing everything it can at mainstream Australia at present. Can Joe 6 pack comprehend the difference between industry that is man-made ie car manufacturing, versus the mining industry, who are ripping up our valuable earth as if they scientifically produced the iron ore? Apparently, the Rudd Government is largely … Read More