Monthly Archives: July 2010

Open thread on capitalism

By popular demand IRL, this thread is for arguments about capitalism. It can mean many things to many people, so to provide a starting point, here is my definition: capitalism – a socio-economic system based on private property rights, with … Continue reading

Posted in economics | Tagged , | 29 Comments

Obligatory election prediction

Barring any game-changing developments, Labor will win. They were going to win with Rudd as leader anyway, but they’ll probably do slightly better with Gillard. The deposing of Rudd will not be a big factor by the end of the … Continue reading

Posted in national | Tagged , , , , , | 16 Comments

Won’t SOMEBODY think of the ninjas?

The day before Bastille Day, French symbol of justice and freedom, the French lower house overwhelmingly approved a law that is unjust and takes away freedom, banning face coverings in public places. And they have the gall to dress it … Continue reading

Posted in law | Tagged , , , , | 9 Comments

You cannot be serious!*

Defying the laws of probability, the NSW Labor Cabinet has added to their list of incompetent decisions with their refusal to consider integrated ticketing for light rail. You’d think eventually they’d do something right. Thankfully, some politicians are still capable … Continue reading

Posted in local | Tagged , , , , | Leave a comment

What’s that about simplistic neoclassical models again?

Almost any statistic coming out of China can boggle the mind. In such a huge place, undergoing such rapid change, the sheer numbers in any area of inquiry are almost incredible. Especially to someone from the tiny peripheral nation that … Continue reading

Posted in economics | Tagged , , , , , , , , , | 2 Comments