photo credit: Latente 囧 Le Sbarbine nel Governo From the Subprime to the Terrigenous: Recession begins at Home Gavin Putland’s excellent new report, being picked up by all sorts of websites and e-news services Background The American word “subprime” refers…
photo credit: spike55151 Dr Terence Dwyer – B.A. (Hons) B.Ec. (Hons) (Syd.) M.A. Ph.D. (Harvard), Dip. Law (Syd.), FTIA, Visiting Fellow, Crawford School of Economics and Management, Australian National University. Dr Dwyer’s Submission to the Henry Tax Review Executive Summary…
photo credit: zen The Financial Sector: “A House Burning Down” Prof. Michael Hudson March 16, 2009 Global Research www.michael-hudson.com/ On the March 15 CBS show “60 Minutes”, Federal Reserve Chairman Ben Bernanke used a false analogy already popularized by President…
photo credit: country_boy_shane Ben Payne Ben is a scholarship holder and studies Politics and Philosophy at Melbourne Uni Discussions of property rights frequently focus on economics. However, in all schools of economics—both orthodox and heterodox—little attention is paid to the…
photo credit: rick A few months ago Bryan Kavanagh had this excellent piece published in the Age – Breaking In on the Rent Seekers. It solicited a response from the IPA’s Sinclair Davidson. I probably should have stripped it apart…
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…
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…
An occasional commentary on the depression # 8 5 March 2009 Bryan Kavanagh* There’s something happens when people get together in groups. Their IQs halve. If the most obvious fact an outsider puts to the group is incomprehensible to them,…
photo credit: zachstern Thanks to the many links within Steve Spadijer’s well researched article on a Betterment Levy, we bring to your attention this insightful piece from Time Magazine 1973, The New American Land Rush: On Maine’s Moosehead Lake—frigid in…
photo credit: Mike Licht, NotionsCapital.com Michael Hudson It may seem odd, but the public outrage against $135 million in AIG bonuses is a godsend to Wall Street, AID scoundrels included. How can the media be so preoccupied with the discovery…