photo credit: Pink Sherbet Photography Adam Schwab from Crikey: In one of the more remarkable occurrences, residential property, despite macroeconomic indicators to the contrary, has been an incredibly resilient asset class this year. In fact, the “affordable” sector of the property market is trading at record high levels, while auction clearance rates in major cities remain above 70 percent (in … Read More
Hudson on Bubble History
Hudson enters at the 5 min mark. Check the other parts to the Keiser interview
Growth model fails us in more ways than we can count
photo credit: Creeper-Sleeper Today we read that Australia’s boom era delivered 1000 more homeless people per year. It is a grim picture of how homelessness has remained a serious social issue in Australia over the past decade despite good economic times,” one of the report’s authors, David MacKenzie, said. “Since the global financial crisis, with rising unemployment and the high … Read More
Prof Michael Hudson on Grand Theft Monopoly
photo credit: Search Engine People Blog Renegade Economist Podcast 96 As broadcast on the mighty www.3cr.org.au – Wednesday July 1st. Subscribe to the podcast Show Notes: Grand Theft Monopoly – Professor Michael Hudson excels in describing globalisation from a financial snipers perspective, analysing how real estate (land) is used in the game of currency siphoning out of Latvia, Eastern Europe … Read More
Process of Evaluation
This clip is produced by a student of Fred Foldvary’s, Jesslyn Farros. Fred gave an excellent talk on the GFC late last year and has been interviewed on the Renegade Economists, where he gave a fascinating insight to the similarities between georgism, anarchism and austrian economics and expands on thiscommentary on Silvio Gessell here. Well done Jesslyn.