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economics
Irreconcilable differences

Irreconcilable differences

In Puccini’s famous opera, Tosca, there is a tenor aria titled Recondita Armonia which used to be sometimes translated as Strange Harmony of Contrasts. Even allowing for some artistic licence this seems a somewhat absurd proposition. Fight shadow bans &...

No Laffing Matter

No Laffing Matter

An Australian was on holidays in the south of France. Strolling along outside his hotel, the Aussie was suddenly attracted by the screams of a young woman kneeling in front of a small child. The Aussie knew enough French to determine that the child had...

Inflation is Theft | A Voter’s Guide to the Economy

Inflation is Theft | A Voter’s Guide to the Economy

Mark Hornshaw is my guest this evening. He's a lecturer in Economics & Entrepeneurship who has to undo all the damage done to first year uni' students in this field, and one of the contributers to the LibDem's "Freedom Manifesto", as well as their candidate for...

Australian budget rushing toward hyperinflation

Australian budget rushing toward hyperinflation

"Not worth a continental" Modern history teaches us that astrology and astronomy were, until relatively recent times, treated together (Ancient: mazzeroth, Latin: astrologia) and were only gradually separated in Western 17th Century philosophy, during which astrology...

The Ghost of Christmas Future

The Ghost of Christmas Future

In Dickens’ most famous morality tale, the ghost of Christmas future is used to warn Scrooge of the ultimate consequences of not learning from his twisted and broken past.  Those of Dickens’ tales set in Victorian London (including Oliver Twist and Great Expectations)...

Labor MP’s embarrassing math fail

Labor MP’s embarrassing math fail

THE federal budget’s failure to fund adult remedial math will severely hurt the future prospects of Labor MP Joanne Ryan. Ms Ryan, who was a school principal before entering Parliament, could do with some maths tutoring after last night tweeting her outrage at the...

Is Australia heading towards a “Minsky moment”?

Is Australia heading towards a “Minsky moment”?

Hyman Minsky, if he were still alive, would have some interesting observations about Australia in 2020. The late American economist, whose theories experienced a revival following the GFC, was considered post-Keynesian and was critical of much of the deregulation of...