This interview has gone viral with over a dozen sites posting it, including Naked Capitalism, Truth Out and Max Keiser. Prof Michael Hudson was interviewed on the Renegade Economists radio/ podcast entitled Crony Competition on the road to Unearned Income:…
As published today on Truthout The wealth gap is dividing society at an astonishing rate as the lessons from the Great Recession are helicoptered away. QE3 has worked for Wall St but little else. Over 30 nations are facing the…
The Total Resource Rents of Australia report finds the complete removal of income, company and sales tax is possible by replacement with a tax on monopolies such as water trading, cyber squatting, taxi licenses and land. “Economists have for hundreds…
Major Findings The Total Resource Rents of Australia report finds: The influence of monopoly is 10 times greater than mainstream economists acknowledge. Economic rents are a significant component of the Australian economy, comprising 23.6% of GDP. Almost half of all…
2013 Clyde Cameron Memorial Lecture Saturday 14th December 2pm-5pm Keynote Speaker: Mr. Jack Waterford A.M. University House Hall, 1 Balmain Crescent, ANU J.E. (Jack) Waterford is an Australian journalist and commentator who is now Editor-at-Large of The Canberra Times. Jack…
By Catherine Cashmore Follow Catherine on Twitter Cross-posted from Macrobusiness There’s been a lot of debate around property taxation in Australia; significantly negative gearing, which allows an investor to use the short fall between interest repayments and other relevant expenditure,…
As published in today’s Online Opinion The beauty of the disinformation is staggering. As house prices accelerate 7.6% nationally, poor housing supply continues to be blamed for the housing crisis. Meanwhile, the sixth Speculative Vacancies report found over 64,000 empty…
Renegade Economists podcast 314 Recorded at 3CR November 13th, 2013 Subscribe to the podcast on itunes. Listen to this show David Collyer joins host Karl Fitzgerald to discuss the state of Australian housing market. In the process we consider global…
Journalist Michael Janda conducted this interview with Philip Soos yesterday. The audio can be heard here. ELEANOR HALL: A report by property think tank Prosper Australia has found that tens of thousands of homes in Melbourne appear to be unoccupied.…
Housing policy remains in crisis as today’s 8 capital cities index revealed a rise of 7.6%, with Melbourne up 6.8%. “This heralds Victorian housing affordability policy a distinct failure. Never before have so many generous exemptions been given to the…