The Economy in Palliative Care

photo credit: movimente David Smiley (To palliate: to relieve a disease without curing) David Smiley analyses the debate started by Kevin Rudd’s essay entitled ‘The Global Financial Crisis’. While the world’s experts are arguing about how to relieve the pain of...

RBA Policy Matrix

photo credit: DerGuy82 The Reserve Bank of Australia’s monetary policy objective is to encourage: (a) the stability of the currency of Australia; (b) the maintenance of full employment in Australia; and (c) the economic prosperity and welfare of the people of...

What Recovery?

photo credit: Mikey G Ottawa Isabelle Oderberg An interview with Michael Hudson via Business Spectator On the eve of an Australian speaking tour, highly-regarded US economist Dr Michael Hudson, talks to Isabelle Oderberg about the economic recovery that isn’t,...