Grey Corruption in Oz

Discussion in 'Markets & Economies' started by hyphenated, Aug 6, 2017.

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  1. hyphenated

    hyphenated Active Member

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    We had a visiting lecturer give us a somewhat-abbreviated talk as part of a local campaign to address a rather in-your-face development proposal. He is the author of a book; my neighbour won a copy in the raffle and I got to read it.

    I recommend it to anyone who has a sneaking feeling that the ordinary citizen is getting screwed.

    Game of Mates by two economists; Cameron Murray and Paul Frijters. https://gameofmates.com/

    If you run a search for Game of Mates you find an article with this rather scary chart in the SMH:


    upload_2017-8-6_18-28-49.png
    http://www.smh.com.au/comment/game-...-get-rich-at-our-expense-20170526-gwe0dp.html
     
    hyphenated, Aug 6, 2017
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  2. Agnostic

    Agnostic Active Member Silver Stacker

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    Thanks for sharing.

    I find it surprising that USA, the land of the military industrial complex, is rated at 1%
     
    Agnostic, Aug 7, 2017
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  3. yuripuka

    yuripuka Well-Known Member Silver Stacker

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    Game of Mates must be a good read.

    I have just ordered it from my local Library and I am 9th in the que.
     
    yuripuka, Aug 7, 2017
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  4. boneyard

    boneyard Well-Known Member Silver Stacker

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    Got to look after your mates.

    Someone else sent me a link to the website for it.

    sad but true... They will screw you while scratching their mates back with bags of cash.
     
    boneyard, Aug 7, 2017
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  5. Skyrocket

    Skyrocket Well-Known Member Silver Stacker

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    Me too! But I thought it had more to do with Congress members being allowed to do insider trading on their stock market.
     
    Skyrocket, Aug 7, 2017
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  6. hyphenated

    hyphenated Active Member

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    I didn't know that the only State that effectively prevents 'windfall' property profits is ACT - they tax it to oblivion.
     
    hyphenated, Aug 8, 2017
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