Author: Steve Kates

  • Keynesian economics and the Magic Pudding

    The level of economic ignorance and stupidity has reached such astronomical levels that I can make the forecast that Australia is heading for many years of falling real incomes and a vast increase in the level of poverty. You really have to stand in amazement at how little flak this morning’s front page in The…

  • Interest rates and the deficit

    What can you do if Australia has the most incompetent central bank in the world? That they have raised interest rates in the midst of an election is the second time it has thrown in its lot with Labor, as it did in 2007. Of course, the problem really is that it has waited this…

  • If you think she is just a joke you are missing the point

    I have suspected for a long time that the American government, nominally under Joe Biden, is not only trying to subvert our civilisation, but they are doing it in a way so that no one can be of any doubt that it is entirely intentional. The point of Orwell’s 1984 was to ensure that we…

  • Igitur qui desiderat pacem, praeparet bellum

    It was the very thought that came into my own head the moment I heard this: ‘Reality of our time’: Dutton warns Australians to prepare for war. Of course, my Latin is a bit rusty so the thought occurred to me only in English. However, the more up-to-date and erudite chaps and chapesses at The Spectator…

  • Who can you trust?

    And what about those mask mandates?

  • The Libs are only around 45% socialist while Labor is 90%

    A proportion that must always be borne in mind by conservatives. The text below is from The Spectator Online. It’s a reminder that until Malcolm Turnbull pulled the pin on his own leadership, at least half the Liberal Party were for all practical purposes green-left socialists. No doubt something like that same proportion still are.…

  • An example of classical economics in the real world

    There is an article in The Oz on who used to be my favourite American president but is now only my second-favourite – Warren G. Harding. As the article points out, although he was president for only 29 months, he is regularly listed among the worst presidents in American history by that motley crew of…

  • “The undecided”

    I watched, reluctantly, the first “debate” between the Prime Minister and the Leader of the Opposition, and this is what I now find out from the papers: Undecided voters give win to Anthony Albanese after leaders’ debate. This was the final tally: Of the 100 undecided voters at the debate, 40 per cent gave the debate…

  • Surely the leaders of the American left do not believe the things they say they believe

    This is an article by the incomparable David Mamet: American Occupation. Let me get to the core points he makes: Over the last two years in America, I’ve witnessed our own forces of evil with incredulity, despair, and rage. Corruption, blasphemy, and absurdity have been accepted by one-half of the electorate as the cost of doing…

  • Are Australians stupid enough to elect our own version of Joe Biden?

    We shall soon see. From Scott Morrison invokes Anthony Albanese’s socialist left faction in attack on Labor’s national security credentials. The government has repeatedly attacked the Opposition Leader and his frontbench on their ties with China as well as cuts to the defence and intelligence budget when it was last in power. Mr Morrison in…