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Breaking in on the Rent Seekers

photo credit: h.koppdelaney Bryan Kavanagh (LVRG) 11 March 09 As published in the Age today (Business Opinion page) “Put to the vote: as many are of the opinion that a public tax upon the land ought to be raised to defray the public charge, say 'yea'... ” “... Carried...

A betterment levy: a cure to current ills

photo credit: Nickster 2000   Steven Spadijer in Online Opinion today writes a superbly researched piece on why government's must consider our policy position. Stop rolling the dice and go with the odds: Exactly 100 years ago Winston Churchill and Lloyd George...

Centenary of “The People’s Budget”

An occasional commentary on the economic depression # 3 By Bryan Kavanagh LVRG 5 January 2009, New Year Insights There’s amazing synchronicity in the centenary year of the “People’s Budget”, delivered in the UK under the Liberal Prime Minister Herbert Asquith, that...

The Economics of Climate Chaos

Karl Williams July 2008 It’s one thing to calmly read statistics about climate chaos but a completely different experience to hear the frightening stories from the disaffected. In the remote north-eastern Thai province of Nan, listening to a 60-year-old café...

How to thaw credit, now and forever

photo credit: Joel Bedford Mason Gaffney October 25, 2008 In a follow up to Professor Gaffney's The Great Crash of 2008, he now delves into how credit can be freed from the current crisis. The Great Reckoning awaits... 1. Introduction Working capital is the...

The Crash of 2008

photo credit: mtbdeano Professor Mason Gaffney Get yourself comfortable - this is Must Read! This crash is The Big One; it has the signs of becoming a Category 5. How do we know? We’ve “been there and done that” so many times before, roughly every 18 years over the...