by Karl Fitzgerald | Oct 3, 2014 | Commentary
Letter to the Editor The Age 03/10/2014 David Beardsell North Balwyn The 1880s in Victoria were largely driven by land speculation and the building of useless public and private infrastructure such as the Outer and Inner Circle railways, which ran from Oakleigh to...
by Karl Fitzgerald | Sep 29, 2014 | Commentary
The opening line to the Tax Justice Network’s new report “Who Pays for Our Commonwealth?” states: if…. the largest Australian listed companies paid taxes at the statutory corporate tax rate of 30%, it would produce an additional $8.4 billion in...
by Karl Fitzgerald | Sep 25, 2014 | Commentary
With ALP leader Daniel Andrews’ announcement today of plans to extend the rail line to Mernda, the question arises of how to finance it. “The $600m cost will probably be sourced from general revenue. But we ask, why don’t the public receive a better return on...
by Karl Fitzgerald | Sep 25, 2014 | Articles, Talking Points
A frenchman with no commentary on the Physiocrats? Mason Gaffney, author of the groundbreaking The Corruption of Economics and the recent Gaffney Reader, analyses Tomas Piketty’s bestseller ‘Capital’. Capital in Any Century: A Response to Thomas...
by Karl Fitzgerald | Sep 18, 2014 | Commentary
This week’s Scottish independence referendum is a challenge over the sovereign ownership of resources. Who should profit from nature’s endowment? At present barely 500 privileged families own half of the nation. Is this why the powers that be do not want...