Corporate Power and the Failure of the Australian Labour Market

June 28, 2018 Agrippa 0

The Australian labour market increasingly exhibits the classical signs of market failure due to positive externalities. The best approximation to Paul Krugman in Australia is the economic correspondent for The Guardian Greg Jericho. Economic literacy is a critical component of citizenship in capitalist society, and the great value of Jericho’s […]

Washington is Compelling Iran to Withdraw from the JCPOA

June 26, 2018 Agrippa 0

The US is seemingly goading Iran into withdrawing from the JCPOA. That might lead to some nasty surprises, for both them and us. Whilst attention continues to be drawn to North Korea, important developments continue to characterise the Iranian nuclear file with Iran’s deputy foreign minister, Abbas Araghchi, describing the […]

The Trump-Kim Snapchat Summit: All Selfies, No Substance.

June 12, 2018 Agrippa 0

North Korea has not moved an inch from its conception of denuclearisation at the Singapore Summit. More substantive progress requires ending the obsession for complete and irreversible denuclearisation. The Singapore Summit meeting between Donald Trump and Kim Jong-un has come and gone, with very little of substance or very little […]

The Road to Denuclearisation in Korea: Strategic Stability and Minimum Deterrence Now, Denuclearisation Through Economic Leverage Later

June 6, 2018 Agrippa 0

Rather than focus on denuclearisation the emphasis for now should be on mutual and balanced conventional force reductions on the Korean peninsula. Washington’s economic clout gives it leverage to demand denuclearisation thereafter. Denuclearisation continues to dominate the airwaves, with President Trump indicating that he is prepared to put denuclearisation on […]