Economic justice, not Left and Right
Alternative evidence-based analysis and commentary on Australian economics and politics, with a particular focus on our epic, once in a century private credit-fuelled land bubble, a bubble with extremely high correlations to the Australian depression / banking collapse of the 1890’s.
The fate of the last three prime ministers is intimately linked to their failure to explain the rapidly changing economic fortunes of this country.
Australia’s multi-decade boom in living standards is now confirmed as over. All the economic indicators and … Read more
No one enjoys being unpopular, especially in our vain, materialistic and often dull contemporary Australia. Popularity is as important to Australians as soy flat-whites, low-hanging filament light bulbs, and the eponymous weekend real estate lift out. Oh, and having 24 … Read more
So bubble mania has finally hit the mainstream. The housing bubble question has landed squarely at the feet of the Prime Minister and his treasurer, and only 10 to 15 years late… What a relief it is then to hear … Read more
If there was ever any doubt that the great Aussie Housing Bubble is bad for the economy, David Murray’s repeated warnings about our banks and financial system should clear that up. The chair of the recent financial system inquiry today … Read more
There has been much talk in the last few weeks and months about intergenerational fairness, in part because of the release of the government’s Intergenerational Report, which predictably details what young Australians already know: we have been shafted … Read more