photo credit: raminders We follow the glitter of celebrities and our football teams and let others do the dull work of government. Our dreams are about homes, cars and holidays. But sometimes an issue is so important it deserves our undivided attention, if only for a short while. The big issue is tax – [...]
An occasional commentary on the economic depression # 3 5 January 2009, New Year Insights There’s amazing synchronicity in the centenary year of the “People’s Budget”, delivered in the UK under the Liberal Prime Minister Herbert Asquith, that never so much since as now has the world needed fiscal policy capturing a greater part of [...]
photo credit: Joel Bedford Mason Gaffney October 25, 2008 In a follow up to Professor Gaffney’s The Great Crash of 2008, he now delves into how credit can be freed from the current crisis. The Great Reckoning awaits… 1. Introduction Working capital is the bloodstream of economic life. It is physical capital, the fast turning [...]
by Leo Foley The primary source for this paper is “Canberra in Crisis” by Frank Brennan, 1971 The Road to Leasehold – the origins of the Canberra leasehold system.. Canberra is the offspring of politics and a social ideal. The politics were those of Federation and nation making. The ideal was one of social and [...]