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Archive for the ‘Economics’ Category

Bit of serendipity other day. As I was planning this post I was taken to task by a right wing tweeter unhappy, for some reason, that I had repeated the obvious truism that conservatives are much dumber than progressives. Progressivism, in fact, has an intelligence bias. Anyway, left him to his own world after a [...]

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Factory floored

Had a meal in a cafe the other day in a big city not a million miles away. Very poor, almost inedible. These days I’m pleased when I find a good meal. Often the meals seem prepared with little care or attention, using frozen or preserved ingredients, precooked and then reheated in microwave, and so [...]

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It’s one of those historic events that still, 630 years on, resonate with modern times and make your blood run cold. In 1381 the so-called “Peasant’s Revolt” led by Wat Tyler massed tens of thousands of poor people protesting the new “Poll Tax” which, like our GST, made poor people pay as much tax as [...]

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What slogan is above the door of the free marketeer’s think tanks? No, it’s not “Abandon hope all ye who enter here”, you naughty people. It’s “Government small enough to drown in a bathtub”. These people believe that “government” should leave banks and financial institutions alone, get rid of regulation, has no business in business, [...]

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I once nearly bought a small farm in what had been a minor gold-mining area in the nineteenth century. The miners had dug deep but narrow pits, presumably found a grain or two of gold, stopped digging because they were too deep, and then moved to the next spot and dug a new hole. When [...]

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News the other day of research showing that childhood allergies to foods (for example peanuts) has massively increased in last few years. Worrying not only because can result in death in severe untreated reactions, but because of the debilitating effect on the children themselves and the families (and schools) trying to cope with it. A [...]

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Bean there, done that

The other day I was in a bank that brought back memories of my youth. There was old wood panelling everywhere, high ceilings, windows, and an old sign in painted lettering on a wood panel advising where the “savings accounts” were to be found. On the wall were pictures of a stud merino ram (reminder [...]

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The other day a container ship ran aground north of New Zealand. Have to be specific because these events happen over and over. As do the scenes of people trying to clean beaches of toxic oil, wash living seabirds and bury dead ones. As do the unseen scenes on the rocks and under the waves, [...]

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Did you see where Denmark has placed an extra tax on fatty foods to try to begin reducing obesity problems in their society? Don’t know why the Scandinavians are so much better at this kind of thing than we are. Yes I do. The other day an expert suggested raising the tax on soft drinks, [...]

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Another NSW state budget, they seem to roll around quicker than ever these days. All follow the same pattern – all budgets that is, not just NSW. The Leader/Treasurer, after massive pressure from International Monetary Fund, big business, some economists, radio shock jocks, choose a permitted figure for total budget expenditure in a year. Divide [...]

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