Understanding Cause and Effect

by | May 24, 2012 | Articles

Reposted from Bryan Kavanagh’s thedepression.org.au, an excellent source of dissident economic analysis. It helps that he is correct. If you jump off the top of a tall building, you’ll go splat at the bottom: that’s simple physics. We are told economic laws are...

Another loser renovation

by | May 21, 2012 | Articles

Corrected at 1730 to adjust (upward) the renovation figure. Many thanks, Steven Shaw for pointing out my error. Toby Johnstone is out again in the SMH recording how two brothers wasted nearly two years of their lives and endless toil renovating a Cleveland Street...

Land Rent = Job Creation

by | May 18, 2012 | Multimedia

A nifty clip from our South African colleagues Karen Cooper and Peter Meakin. Of note is their useful method comparing 300Rd p/m in land rent to the 60,000Rd we currently pay to banksters.

Tax reform and climate change

by | May 17, 2012 | Articles

The Productivity Commission has just released a draft report on climate change adaptation for public comment. The report examines economic reform options in two broad categories: adaptations to uncertain future climate trends with benefits only under certain climate...

Muck in Marrickville

by | May 8, 2012 | Articles

Today’s Sydney Morning Herald has a breathless article about a flipper couple who bought, renovated and have for sale a Marrickville terrace. The underlying message: there’s profit in the renovation game. My back-of-envelope calculations based on the article’s...