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Archived news for February 2009 | Recent news
Slaves to Keynes saddle us with debt
Economist John Maynard Keynes once famously said practical men, who believe themselves to be quite exempt from any intellectual influence, are...
The case against hand-outs; The rescue plan
In Australia's great Keynesian giveaway debate, much pontificating turns on whether it is better to provide hand-outs or tax cuts. Though tax cuts...
Rudd's rush is unseemly
In the past few days we've learnt that Kevin Rudd doesn't much like what he calls ‘‘free-market fundamentalism''. It seems, though,...
Rudd throws out the baby
One of the enduring questions about Prime Minister Kevin Rudd, and his philosophical position on economics, is now being answered. As little as six...
Very little gain, lots of long-term pain
Australia's second pump-priming stimulus announced yesterday will prove every bit as wasteful as last October's $10.4 billion package. Predictably,...
Ease the squeeze on power utilities
Setting prices for "natural monopolies" like electricity lines, water pipes and gas distribution networks has developed as a relatively mechanistic...
The bail-out disease
If pop psychology has taught us anything, it has taught us that individuals go through five stages of grief - denial, anger, bargaining, depression...