photo credit: The Rocketeer The State Government has come under more pressure from the property lobby in Government Criticised for not cutting Land Tax "The Treasurer should have provided stamp duty and land tax relief as measures to stimulate demand for property...
BLOG: 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...
Bailout Economics – Hudson
short but sweet
Hudson on Capital Gains v Rents
What's the difference between land price and land value?
Creative Destructionism V Bailout the Destroyers
photo credit: nflorence2012 How to avoid being caught short: US calls in old rules to shield its markets: The slumping financial markets have been rebounding steadily in the past month for several reasons, including regulatory and legislative decisions in Washington....