Prosper Australia

Watch the Federal Reserve being questioned about where the trillions in loans have gone since this bailout era exploded 8 months ago. Watch the woman to her right.

photo credit: country_boy_shane Ben Payne Ben is a scholarship holder and studies Politics and Philosophy at Melbourne Uni Discussions of property rights frequently focus on economics. However, in all schools of economics—both orthodox and heterodox—little attention is paid to the philosophical questions that accompany the notion of property. Many popular political ideologies hold that people [...]

photo credit: robsv by Gavin R. Putland A speech by Treasury Secretary Ken Henry on “The Future of State Revenue”, delivered on Mar.27, belatedly received some coverage in the Australian Financial Review on May 5. At one point Dr Henry said: Globalisation means that the things governments tax are becoming increasingly mobile. This has implications for [...]

photo credit: The Rocketeer The State Government has come under more pressure from the property lobby in Government Criticised for not cutting Land Tax “The Treasurer should have provided stamp duty and land tax relief as measures to stimulate demand for property investment. They could have done that by increasing existing thresholds or reducing rates.” [...]

photo credit: rick A few months ago Bryan Kavanagh had this excellent piece published in the Age – Breaking In on the Rent Seekers. It solicited a response from the IPA’s Sinclair Davidson. I probably should have stripped it apart at the time, but was satisfied that Davidson was given much less prominence than Kavanagh [...]

More at The Real News A win for them, further strangulation of the US economy for the rest. By failing to allow those at-risk mortgagees to negotiate a more realistic mortgage, this will send many more famillies to the wall, lengthen social security queues and ultimately undermine the liquidity of banks. Why should banks be [...]

photo credit: Xava du [photographer padawan] Letters to the Editor THE AGE April 29, 2009 Dr Gavin Putland The supply of land is fixed; they’re not making any more of it. Therefore the owners of land automatically constitute a cartel, even if they don’t bother organising themselves. And because access to land is essential, the [...]