Alec Baldwin Talks To Joseph Stiglitz

Economy

Also worth a listen… This week on Here’s the Thing, Alec talks about the financial crisis with Joseph Stiglitz, a Nobel Prize-winning economist. Stiglitz shows no restraint when unleashing criticism of presidential policies — on both sides. Of President Barack Obama’s financial-industry rescue plan, Stiglitz said that whomever designed it was “either in the pocket of…

Details

Marx At 193

Economy

Well worth a listen to – Consider these passages from The Communist Manifesto, which Marx wrote with Engels in 1848, after being kicked out of both France and Germany for his political writings: Capitalism has subjected the country to the rule of the towns. It has created enormous cities. Capitalism has agglomerated population, centralised means of…

Details

The Idiocy Of Bureaucracy

Economy

I am one of those folks who does not believe in unfettered industry. If given their head people will pollute, rape and pillage this just seems to be the way corporate sociopaths think. However, you can completely go overboard in what you are trying to achieve when you introduce various laws to safeguard others. You…

Details

Infrastructure

Economy

I found these two neat little charts courtesy of the OECD Strategic Infrastructure Needs to 2030 which seems to have been assembled by a cast of thousands. This first chart looks at competitiveness versus quality of infrastructure. As you can see in terms of the OECD we are only just hanging in there and we…

Details

Harvey Norman

Economy1 Comment

Whilst wandering about this morning I had the radio on and heard Gerry Harvey bleating about how the woeful performance of company is now the fault of the government. Which is a welcome change because last week it was those evil online shoppers. If they gave a prize for the billionaire who does the most…

Details