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Economics

Import Replacement. An Option For Economic Recovery

Import Replacement. An Option For Economic Recovery

The proposition that “the time for new ideas has arrived“, is highlighted by the Federal Coalition Government, now advocating deficit spending to achieve higher economic activity and ultimately employment. They are even asserting higher employment is required to lift wages, yet they have been through time, perhaps the most vociferous advocates of austerity and wage

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The Making of History

The Making of History

I am a recent user of Twitter, and I have enjoyed the discourse therein, I noted the ABC radio announcer Steve Austin had made a comment about an article; it was rather strong for Steve I thought. That article written by Rutger Bregman; https://thecorrespondent.com/466/the-neoliberal-era-is-ending-what-comes-next/61655148676-a00ee89a carefully articulates the back-story of  government changed, and we saw the

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Covid-19 Structural Reform Debate

Covid-19 Structural Reform Debate

Economist Ben Rees from Queensland has advanced the debate about the post Covid-19 Australian Economy. His paper provides a disturbing graph showing underutilisation of workers through time, effectively making the point that the underutilisation rate confirms terrible inefficient use of Australian Labour. The strongest point to take from Bens work is his empirical record of

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Modern Monetary Theory – Uncovering the Smokescreen of Ignorance

Modern Monetary Theory – Uncovering the Smokescreen of Ignorance

John Carter, a fifth generational cattle farmer describes himself as an activist, an administrator, an innovator, and a writer. He is a planter of trees and veteran contributor to The Land Newspaper provided me with his little paper tiled ‘How does One Repay Someone Who Created Credit From Nothing? In his introduction to me, he

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The Hard Lessons of History – Free Trade & Food Security

The Hard Lessons of History – Free Trade & Food Security

Today I am introducing a thought provoking article by Roger Crook. Roger emigrated from the UK, trained in agricultural production. As a young bloke he began as a stockman, and ended up working for ICL. With them he rose through the ranks to a senior management of their Zero till branch. It was there that

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Lessons from History; From the Spanish Flu till Covid -19

Lessons from History; From the Spanish Flu till Covid -19

Lessons From History The seriousness of the Covid 19 pandemic cannot be understated; but, there are lesson to be observed from the last major pandemic to impact the Australian continent. The Spanish Flu emerged in Europe over the closing days of the First World War. By 1919, the Spanish Flu had arrived in Australia. The

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