Corporate Power and the Failure of the Australian Labour Market

June 28, 2018 Mbeljac 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 […]

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

June 6, 2018 Mbeljac 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 […]

On the Humanities and Naturalistic Inquiry

January 11, 2018 Mbeljac 0

I cannot think of many who had the same depth of insight and breadth of interest as David Hume, and his accounting of history and its relation to the sciences remains apposite. Consider his well known, and still controversial, declaration of the study of history in An Inquiry Mankind are […]

Economic Growth and the Doomsday Argument

November 13, 2017 Mbeljac 0

Say there are two lottery urns, one containing 1000 balls each numbered from 1 to 1000, and the other containing 10 balls each also numbered from 1 to 10. We have two individuals, one Alice the other Bob. Alice will reach into one of the lottery urns, out of sight […]

Why Only US? On The Very Idea of a Social Construction

October 27, 2017 Mbeljac 0

Albert Einstein never won the Nobel Prize for physics on account of relativity, even though it became a well accepted part of our understanding of nature and acquired empirical support well within his lifetime. It was considered too different, too weird for so august a prize although oddly quantum mechanics, […]