Economy

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Population and Pedder: the United Tasmania Group

Published by Anonymous (not verified) on Thu, 13/06/2024 - 4:53am in

With what passes for Australia’s population debate in the spotlight again, some history might prove illuminating, especially environmental history. The United Tasmania Group (UTG) formed on 23 March 1972 at Hobart Town Hall, under the leadership of botanist Richard Jones, as the threat to flood Lake Pedder reached a climax. The lake came under threat Continue reading »

Cartoon: Billionaires fund human intelligence

Published by Anonymous (not verified) on Wed, 12/06/2024 - 9:50pm in

So much of AI feels like gilding the lily, adding unnecessary bloat to things that worked well enough already. I'm not the first to make this comparison, but AI-assisted software reminds me of Clippy, the famously annoying animated paperclip from Microsoft Word who constantly offered unwanted help. And the models are being trained on the stolen work of artists and writers who are already struggling to find new ways of earning a living.

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Backing the US house of cards

Published by Anonymous (not verified) on Wed, 12/06/2024 - 4:56am in

“The United States of America is in competition with China, but not ideologically. Who initiated the first agreements with China to outsource factories if not the United States of America themselves? They cannot tell us that it is a fight for freedom… It’s [ ] because China is becoming the world’s leading power, and from Continue reading »

Planetary overshoot: How much should we degrow?

Published by Anonymous (not verified) on Wed, 12/06/2024 - 4:51am in

Global rates of resource consumption and ecological impact are now far beyond levels that are sustainable, or that all people in the world could rise to, or that technical advance could make sustainable. This is steadfastly ignored by all governments and the economics profession and the consuming masses. Few realise how great the degrowth would Continue reading »

Reserve Bank has squeezed us like a lemon, but it’s still not happy

Published by Anonymous (not verified) on Tue, 11/06/2024 - 4:58am in

Let me be the last to tell you the economy has almost ground to a halt and is teetering on the edge of recession. This has happened by design, not accident. But it doesn’t seem to be working properly. So, what happens now? Until we think of something better, more of the same. Since May Continue reading »

World War III and our failure to defend against climate

Published by Anonymous (not verified) on Tue, 11/06/2024 - 4:57am in

In World War III the enemy is not an array of tanks, shells and soldiers, but a collection of beliefs damaging to the earth’s future. The enemies are the minds and actions of those with the cult of neo-liberalism and greed acting through the power of huge industries, the enemy within. In 2006 “Why we Continue reading »

In praise of pluralism

Published by Anonymous (not verified) on Tue, 11/06/2024 - 3:19am in

from Lars Syll Recognition of the speculative value of counterfactualizing provides the grounding for a defense of theoretical pluralism in economics. The existence of multiple contending theories in economics is inconvenient, of course. It casts doubt on the truth content of the counterfactual scenarios generated by the predominant approach and challenges the predominant causal claims […]

Chips and geopolitics part two: China’s semiconductor resilience

Published by Anonymous (not verified) on Mon, 10/06/2024 - 4:57am in

In my previous article, I discussed how the AI chip sector has become a critical battleground in the ongoing rivalry between the United States and China. What I should have elaborated on is just how China has managed to achieve these goals and the larger ramifications of that success. I will try to address that, Continue reading »

The perils and promise of the emerging multipolar world

Published by Anonymous (not verified) on Sun, 09/06/2024 - 4:58am in

The world economy is experiencing a deep process of economic convergence, according to which regions that once lagged the West in industrialisation are now making up for lost time. The World Bank’s release on May 30 of its latest estimates of national output (up to the year 2022) offers an occasion to reflect on the new Continue reading »

Descendant of the conquistadors: the pursuit of wealth trumps all else

Published by Anonymous (not verified) on Sat, 08/06/2024 - 4:53am in

In an era of out of control climate change, the case for leaving gold in the ground is even stronger than that for coal. Investor and shareholder pressure has seen the likes of BHP and Rio Tinto divesting from the latter; but in practical, if not financial, terms ending the mining of gold is a Continue reading »

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