fbpx

The good ol’ boys clean up

Fairfax’s Michael Pascoe writes today about Murray & Frijters’ study Clean Money in a Dirty System: Relationship Networks and Land Rezoning in Queensland which found politically connected developers gained $410 million through favourable rezoning decisions in...

China’s Economic Fundamentals Exposed

With 8.5% of the Shanghai Composite wiped off on Black Monday, the risky world of speculative capitalism is under the microscope. As Steve Keen reminds us, Chinese private debt was very low post 2008, but debt to GDP has since grown by 80%. A hefty 35% jump in private...

The freeway to full employment

LC_24 via Compfight Letter to the Editor Australian Financial Review June 18, 2015 ACCESS TO LAND FOR EVERYONE The member for Eden-Monaro, Dr Hendy, suggests it is “crazy” to change negative gearing or capital gains tax arrangements and  instead we should...

Swing that Cat!

New Sydney flats will have to be bigger, the NSW Land and Environment Court ruled last week, overturning long accepted common practice allowing minimum one-bedroom unit sizes at 50m2. Dual-aspect flats must be a minimum 58m2 and more common single-aspect flats 73.4m2....

Land – A New Paradigm

Martin Adams debut book Land: A New Paradigm for a Thriving World is out today. The book asks what if we lived in a world where everyone had enough? A world where everyone mattered and where people lived in harmony with nature? What if the solution to our economic,...

Stiglitz to Piketty: its the land!

  Joseph Stiglitz’s recent interview with Lynne Parrymore of the Institute for New Economics demonstrates the difference between land and capital: My paper begins with the observation that in fact, you cannot explain what has happened to the wealth/income...

FIRE sector eats into productivity

A must read for those interested in Prof Michael Hudson’s commentary on the growing influence of the FIRE sector in rent seeking activities, cross posted from Macrobusiness. By Leith van Onselen Business Spectator’s Rob Burgess made the following keen...