Australia wins another international competition! Hurrah!
photo credit: A Hermida Dear Reader, I have been issuing stern warnings about how Australia’s house prices are too high and must correct soon. I cannot say when the market will turn, but rabbit on that IT MUST! IT MUST! I try your patience. Other Cassandras have...History of Debt and Property from the Ancient East
Michael Hudson As first published in The Invention of Enterprise: Entrepreneurship from Ancient Mesopotamia to Modern Times, David S. Landes, Joel Mokyr, and William J. Baumol, eds., (Princeton: Princeton University Press, 2010):8-39. Also on Michael’s website....Protection for Importers
photo credit: ob1left Australia’s tax system protects foreign producers against their Australian competitors, writes Gavin R. Putland in this LVRG article. The Resource Super Profits Tax (RSPT) was sunk by the advertising firepower of the big miners, ostensibly...Investor opinion: an uneasy equilibrium
photo credit: Dru! A survey of property investors in The Age today by Colemar Brunton shows sentiment delicately poised between those who see the market flat or falling and those anticipating further rises. This is not the bursting of The Great Australian Property...Republish this article
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