Former Prime Minister Paul Keating, in many ways the most significant architect of neoliberal Australia, not long ago told a gathering of school students, from Melbourne Grammar no less, that “In the last 30 or 40 years, the quest for self has become central and that quest is both unrewarding […]
Australia is heading toward an election because corporate Australia, by now dominated by multinational corporations, demands of the Prime Minister, Malcolm Turnbull, more free market economic reforms so that their coffers may be filled just that little bit more. Hitherto Turnbull has by and large dithered on reform, even though, […]
There isn’t a doubt that if you walked into any pet shop you’d hear the resident Galah talking about secular stagnation. The current issue of the flag ship journal of the elite, Foreign Affairs is dedicated to the issue of slow or stagnant, global, economic growth. Steven Rattner, a leading […]
One of the world’s leading defenders and exponents of what Adam Smith referred to as “the vile maxim of the masters of mankind” has an interesting little review of the latest scientific work of one of that maxim’s leading critics, Noam Chomsky. I speak of course of The Economist and […]
Whatever one may think of the quantification and ontology of risk surely it is a fascinating exercise to compare the way society perceives risk through a consideration of contrasting cases. When there is a mismatch between the perception of risk and the reality of risk we can be sure that […]
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