Latest News & Commentary

US Mortgage Brokers Lobby a Win

More at The Real News A win for them, further strangulation of the US economy for the rest. By failing to allow those at-risk mortgagees to negotiate a more realistic mortgage, this will send many more famillies to the wall, lengthen social security queues and...

Why pick on Pratt anyway?

photo credit: Xava du [photographer padawan] Letters to the Editor THE AGE April 29, 2009 Dr Gavin Putland The supply of land is fixed; they're not making any more of it. Therefore the owners of land automatically constitute a cartel, even if they don't bother...

Hudson: Financial Barbarians at the Gate

Guns and Butter - April 15, 2009 at 1:00pmClick to listen (or download) In one of the most compelling interviews of recent times, Michael Hudson talks about economic warfare like few others. In a wide ranging interview discussing the GFC via his recent experiences in...

Vanuatu’s Sovereignty Surrendered

How independence was never intended to mean freedom When: Thurs April 30th, 6.30 for 6.45pm Who: Karl Fitzgerald, Prosper Australia Project Coordinator and 3CR’s Renegade Economist. Download Flyer Vanuatu means ‘Eternal Land’. However, our recent visit to these...

Real estate bubble? Been here before

photo credit: dave_7 Polly Cleveland Economists conventionally attribute the Great Depression to blunders by the then-new Federal Reserve Bank. According to this story, promoted by Milton Friedman and the Chicago School, after the stock market crash of 1929, the Fed...

Georgism and the Single Tax on Land:

Why a 130-Year-Old Idea is Still Relevant Today Jason Bessey Apr 21, 2009 In the late 19th century, the Industrial Revolution was well underway. Society, it would seem, was beginning to make a huge leap in progress in areas like technology and production. In places...

Economic Crisis Unveils Policy Vacuum

photo credit: zachstern Karl Williams Progress Magazine's editorial column. Make sure you sign up to receive a hard copy of our hard hitting magazine - Trial Subscriptions are available. This time of economic crisis is when we make our run. Politicians, think-tanks,...

Economic depressions for dummies

photo credit: azrainman Occasional commentary # 9 27 March 2009 Bryan Kavanagh Let’s say labour joins with capital to produce wealth. The locational rent of land arises as a by-product, simply from the existence of the community. Say, for some reason or other, you...

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