Timber Schemes expose power of tax

Karl FitzgeraldCommentaryLeave a Comment

photo credit: miak The present collapse in Managed Investment Scheme’s was inevitable. The power of the tax system saw companies like Gunns planting trees around the clock in years gone by, just to meet the immense demand from tax-minimising activities. Kohler wrote in 2004 that upwards of 10 million gum trees were planted in the 10 preceding years, making then … Read More

Greenwash to wedge politics

Karl FitzgeraldCommentaryLeave a Comment

photo credit: corvidmagic The world of pass-the-buck hit home with Rudd’s cop out yesterday. It’s too hard for us, let’s ‘leave it to Obama to sort it out in Copenhagen’. Perhaps Obama has given the ALP a get out of jail card with the Democrat’s Waxman-Markey Bill beginning it’s long path through Congress. The US seems to be moving towards … Read More

Renegade Economists Podcast 67

Karl FitzgeraldCommentaryLeave a Comment

photo credit: madaboutasia Carbon Catchcry: this hour long special is our last formal show of the year, with an interview of Anna Rose (Australian Youth Climate Coalition) on Rudd’s filthy 5%. Also international guest Fred Foldvary discusses the insides to the GFC and what could be really done if politics was for people not cronies. How many policy papers will … Read More

The Dangers of Resource Economics

Karl FitzgeraldCommentaryLeave a Comment

From the health of the Murray to the clean air politics of Emissions Trading, the news abounds of issues balancing on the crucial understanding of resource economics. Natural resources are unique in that they are the building blocks of life. They also have a limited supply. This makes them incredibly valuable. The source of their value is their scarcity. The … Read More