As Australia Day 2016 approaches, I feel, once again, a sense of discomfort, something I attribute to my uneasiness about what this day represents. I have long felt uncomfortable… Read more “Australia Day: a date that divides us”
Month: January 2016
What would happen if a Sovereign Currency Issuing Government with a floating exchange rate ran a Fiscal Deficit without Borrowing?
There is no nexus that demonstrates that borrowing has anything to do with “financing” government net spending. Borrowing is a monetary operation aimed at interest-rate maintenance. … Read more “What would happen if a Sovereign Currency Issuing Government with a floating exchange rate ran a Fiscal Deficit without Borrowing?”
We are governed by Idiots
After several interest rate reductions over the past two years, a tool used by the Reserve Bank to stimulate activity, not much has happened. Business has not… Read more “We are governed by Idiots”
This Bernie Sanders’ Appointee Has Proposed an ELR- So Who is She and What is That?
Originally posted on The Déclassé Intellectual:
An Employer of Last Resort, also known as a job guarantee, is exactly what it sounds like. It is a…
What is Neo-liberalism and why knowing matters.
I have said it before but it deserves repeating. Democracy is not failing us; it is we who fail democracy when we fail to actively engage with… Read more “What is Neo-liberalism and why knowing matters.”
The Game is Rigged.
A short video by Robert Reich lasting just 2 minutes 35 seconds landed in my news feed on Facebook a few days ago. For all I know… Read more “The Game is Rigged.”
Blogging for a Better Australia
What do the following have in common: Tony Abbott, Joe Hockey, Arthur Sinodinos, David Johnston, Bronwyn Bishop, Jamie Briggs, Eric Abetz, Mal Brough, Kevin Andrews, Bruce Billson?… Read more “Blogging for a Better Australia”
Election 2016: Some Economic Myth-Busters
A Happy New Year to everyone and in case you have forgotten, 2016 is an election year. Regardless of one’s personal preference for a conservative or progressive… Read more “Election 2016: Some Economic Myth-Busters”
Six Pillars of Wisdom
Have you picked up on the government’s latest three word slogan, “paid with savings” yet? Each new initiative announced recently, where money is involved, comes with the… Read more “Six Pillars of Wisdom”
THE VIEW FROM MY GARDEN 