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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…
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Andrews and the hopeless state of Victoria
That Victoria has been in a financial sinkhole has been obvious to me for quite a long time. Andrews even tried to sign up to the Chinese Road and Belt program to stave off the ruin that was certain to follow his profligate ways. But now all this has come to the attention of others:…