Search results

All gone. Thanks.

url

I realised that I am getting sick of people using the word "populist" ("populism"). It is frequently trotted out in reference to things like Brexit, Trump or One Nation and is usually meant to be derogatory. I suspect, however, that most people who use it have no clue what they mean by it...

WARNING - This is an extremely dry topic and definitely won't be for most people's tastes 250 years ago (5 Jan 1767) the famous J.B. Say was born, so in tribute I thought should start a thread. He is most famous for popularisation of the economic principles that underpin what eventually became...

Gets funnier as it goes on. http://www.youtube.com/watch?v=JVsI8KzFh3w

This is a simple example to show how the oft bleated 'wealth inequality' headline ignores some basic facts of life. First: Age. Age has a large effect on wealth inequality. This can be shown by constructing a very simple stylised example. (Unfortunately this requires some primary school maths...

As there is significant confusion or misrepresentation among some members of the forum, I thought it useful to have a thread that addresses the question: What is Libertarianism? A: Libertarianism is a political philosophy concerned with the legitimate use of violence. The non-aggression...

In the AFR:

From an interview with Leslie Comment. Add your own story. :)

This thread is my own indulgence on the underlying impact of societal institutions on the economy looking through the lens of the health care market. The fear of what would happen if health care (and welfare in general) was not dominated by Government has been raised as a reason why they do not...

Excerpt from the Introduction of the recently released book of this name.

Ten reasons why slavery should not be abolished. 1. Slavery is natural. People differ, and we must expect that those who are superior in a certain way for example, in intelligence, morality, knowledge, technological prowess, or capacity for fighting will make themselves the masters of those...

With the proposed changes in the latest Budget regarding access to Newstart for the under 30's I thought it is valuable to add a thread discussing the obvious issue - Youth unemployment. First, the data (Sourced from: ABS Labour Force Survey, 1966-1977; Labour Force, Australia, 1978-2000 (ABS...

"French economist Thomas Piketty is the darling of the international Left. His book, Capital in the Twenty-First Century, argues that in a free economy, wealth is inexorably concentrated in fewer and fewer hands. He credits (!) the two world wars and the Great Depression with temporarily...

Before starting a topic such as this, it is useful to define the terms. Regulation definitions - A law, rule, or other order prescribed by authority, especially to regulate conduct. - A rule designed to control the conduct of those to whom it applies. Regulations are official rules, and have...

A centrally directed economy cannot solve the problem of economic calculation, and that without private property, free markets, and freedom of consumer choice, no organizational solution of this problem is possible. If all economic life is directed from a single center, solution of the problem...

There exist, among people of any new political ideology, who support the existence of their "Ideology" Party, two quite different views as to its purpose. According to one, the party exists to gain political power by winning elections; it differs from other parties only in wishing to use that...

Original article