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Prosper Australia Thursday, September 25, 2014 - 11:21 Source

A frenchman with no commentary on the Physiocrats? Mason Gaffney, author of the groundbreaking The Corruption of Economics and the recent Gaffney Reader, analyses Tomas Piketty’s bestseller ‘Capital’. Capital in Any Century: A Response to Thomas Piketty by Mason Gaffney (adapted by Lindy Davies) Through some magic or mystique, Thomas Piketty, in his Capital in […]

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MacroBusiness Thursday, September 25, 2014 - 11:20 Source

by Chris Becker You know when a potential bottom is in when talk of “speculation by short-sellers” hits the front pages of the business mainstream media. From The SMH (via Bloomberg): Fortescue Metals, the world’s fourth-biggest exporter, is the second most-shorted company on the country’s S&P/ASX 200 Index. The BetaShares S&P/ASX 200 Resources Sector ETF, […]

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Renew Economy Thursday, September 25, 2014 - 10:53 Source

SolarCity strikes a deal with New York for solar manufacturing plant. The projected economic boost is good news today. Will it continue into the future?

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Renew Economy Thursday, September 25, 2014 - 10:51 Source

New study suggests push toward natural gas is not only a distraction from “decarbonizing” the U.S., it could also make climate change worse.

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Table Talk: Bob Ellis on Film and Theatre Thursday, September 25, 2014 - 10:47 Source

If Catholicism is not a death cult, what is?

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MacroBusiness Thursday, September 25, 2014 - 10:26 Source

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MacroBusiness Thursday, September 25, 2014 - 10:24 Source

by Chris Becker The divergence between the US and European economies, including that of the real central power in Germany, continues with the recent economic data reinforcing this belief. Earlier in the week the monthly manufacturing and services PMIs were released and Germany surprised on the all important former with a result barely scraping above […]

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The Australian Independent Media Network Thursday, September 25, 2014 - 10:03 Source

From the beginning, the Abbott campaign has been waged in the media.  Every move he makes is purely for the media.  The ridiculous photos of Abbott, Hockey, and Corman sitting there looking at oversized graphs, the crews who just happen to be at Manly Beach to catch Tony surfing, the tweets of here I am driving a fire truck, the endless photos of Tony on the factory floor, the purchase of bigger planes to accommodate his burgeoning entourage of film crews, micro-managed photo shoots in Arnhem Land, way too much lycra – all designed to promote the image but woefully short on substance.

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Popular Science Thursday, September 25, 2014 - 09:55 Source

Rescue robots are better when they travel in packs. Snake bots, slithering like their reptilian namesakes, are great at crawling through narrow spaces, but they're fairly slow. Quadcopter drones can quickly fly over and around obstacles, but once on the ground they can’t too much besides take off again.

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Popular Science Thursday, September 25, 2014 - 09:55 Source

Over the past decade, deadly bacteria such as MRSA, C. difficile, and even tuberculosis have developed numerous mechanisms to keep themselves alive at all cost – mostly against antibiotics. Some bacteria have the ability to pump invading antibiotics out of their cells. Others can produce an enzyme called NDM-1, which “chews up” these drugs, essentially  rendering them ineffective.

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Popular Science Thursday, September 25, 2014 - 09:55 Source

Like a severed telephone line (from back in the days when phones had wires), a spinal cord injury can cut off communication between the brain and the rest of the body -- leaving a victim unable to move some or all of his or her limbs. It's one of the leading causes of paralysis in the United States, and the debilitating effects often can be permanent. 

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Popular Science Thursday, September 25, 2014 - 09:55 Source

Dana Berner wants to start an epidemic among tumbleweeds. Berner is a pathologist with the U.S. Agricultural Research Service who studies the diseases that afflict plants. One of his projects has been a search for something that's able to infect and kill the iconic, spiny, rolling weed of the American West.

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MacroBusiness Thursday, September 25, 2014 - 09:49 Source

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MacroBusiness Thursday, September 25, 2014 - 09:45 Source

By Leith van Onselen The Huffington Post is reporting that negotiations for the Trans-Pacific Partnership (TPP) trade deal – the proposed regional trade agreement between 12 Pacific Rim countries, including Australia – are “dead in the water”: The multilateral talks… have stalled. There have already been more than 20 rounds of negotiations, the details of […]

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Renew Economy Thursday, September 25, 2014 - 09:32 Source

According to polar scientist Dr Dirk Notz, the question isn't why is Arctic sea ice melting so fast, it's how come we have any left at all?

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MacroBusiness Thursday, September 25, 2014 - 08:35 Source

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Harry Clarke Thursday, September 25, 2014 - 08:34 Source

The Harper Competition Review has again raised the case for road pricing.  It is frustrating to me that after 20 years of working in this area many economists don’t get the economic basis for road pricing right.  The article in The Australian today is a case in point.

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Cheeseburger Gothic Thursday, September 25, 2014 - 08:32 Source

This starship comparison chart has been doing the rounds of the net this week. You can't get any sense of its awesomeness from the little jpeg I have here. You really need to follow the link back to the artist's page and click to enlarge the image. Then enjoy.

I'm thinking about buying a paper copy for... er, Thomas. Yes. That sounds right. For Thomas.

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MacroBusiness Thursday, September 25, 2014 - 08:05 Source

by Chris Becker Its getting confusing reading the tea leaves regarding the Chinese economy. Earlier in the week we had solid confirmation from PBOC and Finance Ministers that the old model of goosing the economy with stimulus whenever theres even a slight dip in a major economic indicator, was not to be repeated in the […]

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MacroBusiness Thursday, September 25, 2014 - 07:51 Source

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MacroBusiness Thursday, September 25, 2014 - 07:34 Source

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Table Talk: Bob Ellis on Film and Theatre Thursday, September 25, 2014 - 07:28 Source

By midday Abdul Numan Haider was being described, like Lee Harvey Oswald, as, simultaneously, a ‘lone wolf’ and ‘part of a worldwide conspiracy’: a mad young man whose ‘radical’ teenage playmates had evilly transformed him into a ‘terrorist’. The probable explanation, that Scott Morrison had driven him to it, was not explored.

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MacroBusiness Thursday, September 25, 2014 - 06:53 Source

By Leith van Onselen Residex has released its dwelling price results for August, which revealed flat growth for houses nationally (+0.02%), but a fall in unit values at the national level (-0.37%). Over the year, house values grew by 7.56% nationally, with unit values up by 8.61% (see next chart). As shown above, there is […]

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MacroBusiness Thursday, September 25, 2014 - 06:52 Source

Cross posted from Investing in Chinese Stocks: The eastern port city of Qingdao said yesterday that households selling their only home to buy a new one should be considered first-home buyers as long as they’ve paid off the mortgage, broadening the scope of borrowers eligible for lower down payments and interest rates. The city joins […]

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North Coast Voices Thursday, September 25, 2014 - 06:27 Source

The Daily Examiner carried this interesting exchange in its letters columns on 24 and 25 September 2014:Congrats DebrahSincere congratulations to Debrah Novak for her 20 years at The Daily Examiner.In my now 15 years of residence in retirement in the Clarence Valley, Debrah has always been incredibly honest and painstakingly fair on any project we worked together on.

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MacroBusiness Thursday, September 25, 2014 - 06:00 Source

Global Macro / Markets / Investing: Commodity super cycle hasn’t been that super – Business Insider Global growth momentum slowing, US GDP internals weak – The Economist Its all about the slowing global trade – Beyondbrics The Fed Taper is affecting market momentum – ZeroHedge (not sure about this…) Americas: US new home sales surges […]

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Poll Bludger Thursday, September 25, 2014 - 05:08 Source

BludgerTrack makes a fairly solid move to the Coalition this week on the back of relatively strong results for them in Newspoll and ReachTEL, to the extent that they are now ahead of Labor on the national seat projection, without going so far as to make it to a majority. Labor retains the lead on two-party preferred, but the model grants the Coalition a natural advantage in seat allocation because the decisive marginal seats will be defended by its first-term members. The change returns the two-party vote to where it was three weeks ago, before a 1.2% spike to Labor the following week.

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North Coast Voices Thursday, September 25, 2014 - 00:16 Source

This week News Corp and its part-owned polling company Newspoll was trumpeting a poll bounce for Australian Prime Minister Tony Abbott on the back of national security issues.However, another polling company Roy Morgan Research had a different assessment of how Australians reacted to Abbott’s national security media blitz.The Australian 23 September 2014:SUPPORT for the Coalition has risen to a five-month high as voters show their approval of

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North Coast Voices Thursday, September 25, 2014 - 00:15 Source

This was Australian Prime Minister Tony Abbott on his feet in theAustralian Parliament on 22 September 2014; "Regrettably, for some time to come, the delicate balance between freedom and security may have to shift.”These are the words he has been using in an attempt to make Australians believe that loss of basic human, legal and democratic rights is something we should not protest:

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Your Democracy Wednesday, September 24, 2014 - 23:44 Source
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