Leading Georgist author Fred Harrison was interviewed on the Renegade Economists last week regarding his new book The Silver Bullet.
Download his 16 minute interview covering issues such as Botswana’s success, a critique of Jeffery Sach’s Resource Curse theory and an overview of colonial motivations. Essential listening/ reading for those genuine in addressing the Millennium Development Goals.
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P.S - to check on the issues raised in yesterday’s post, check our new-look sister website over at Earthsharing Australia for an interesting development.
Saturday’s Age article on Melbourne’s rental growth outstripping all other states is reflective of current government policy at all levels - local, State and Federal. When combined with record immigration levels, property flipping will continue unabated.
Prosper Australia spokesman Karl Fitzgerald was quoted in another Age article on Home Buyers Lose out in Tax Change. We would have preferred a longer commentary covering the topic from this perspective:
The fillip to demand prevalent in Swan’s housing budget of $2.3bn will more than compensate for the comparatively small tightening on GST that the property lobby faces. The half a billion earmarked for infrastructure under the Housing Affordability Fund will result in higher land prices that alone will dwarf the closing of this GST loophole. The lack of supply side policies is the real criticism of this budget. Swan has failed economics 101 with the First Home Savers Accounts, creating additional buying capacity for first home owners with the $1.178 billion proposed. This capacity will be capitalised into higher land prices. (more…)
Watch this clever animation of modern life and the insights gained when the big picture is considered. Animation is such an effective learning medium in our cluttered worlds. Life from all levels is analysed - except of course the big one - the monopolisation of land rents and how that drives sprawl, singularity and reduces our freedom to really do what we want to do.
Well boo hoo…..at least we can hum along to everyday life…. wait till we get some animations up like this. Any superstar musicians want to collaborate?
With the recent passing of our number 1 ticket holder, Clyde Cameron, we were pleased to hear the ABC’s Phillip Adams replay the 1999 Late Night Live interview he held with the Honorable Clyde Cameron. It is a fascinating discussion with Clyde covering the foundation to his Georgist beliefs, involvement in the Henry George League of S.A and his disappointment at the ALP’s drift from its original intention to capture the community generated economic rent in lieu of all other taxes. Insights on ALP history and the Whitlam era abound in this fireside chat.
With financial turmoil building daily, we have asked leading financial commentator Stephen Mayne to dissect the spreading credit crunch. Bear Stearns, Carlyle, North Rock, RAMS - who is next?
Also joining us is Mairied Sullivan from the ‘Save Tara’ campaign on one of Ireland’s most sacred regions - Tara hill. We will hear the background story to a rampant development. The motivations behind such sprawl are revealing!
Hope you can tune in Wednesday’s from 5 - 6 pm on AM 855 or via www.3cr.org.au.
Tune into www.3cr.org.au from 5- 6pm today or listen via good ole AM radio - 855 AM on the dial as hosts Karl & Rayna interview Steve Keen about his upcoming presentation, “Deeper in Debt” (tomorrow night in the Prosper Offices - book soon as places are filling fast).
Steve will be asked to explain the role debt is playing in our economy and whether the Australian banking system has engaged in the same slippery financial product development as the US (ie Credit Default Swaps & Adjustable Rate Mortgages). We can’t resist - we must ask who is dominating the creation of money supply in Australia - the Reserve Bank or the commercial banking sector?
Has the deregulated banking sector benefited the Australian people? (more…)
Make sure you watch this 7 minute expose on the Tax Clawback scam. Some of you may recognise Ross Ashcroft from our Comics of Economics night earlier in the year. Check Earthsharing’s YouTube channel to keep in touch with Australia’s latest. We have a few goodies coming up soon too.
Leading Georgist author Fred Harrison was interviewed on 3CR’s Renegade Economists radio show on Wed Jan 30th. The discussion was so good we had to get it online.