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Table Talk: Bob Ellis on Film and Theatre Friday, July 25, 2014 - 12:23 Source

The ‘strong and admirable leadership’ Abbott and Bishop have shown, according to the smh editorial, begs the question, ‘against what opposition?’ Shorten has assonantly echoed their every press release. Obama has marched in lockstep with their paranoid bellicosity. Not even Jacqui Lambie has come out in favour of killing tourists in mid-air. They each have hinted Putin should be denied the joys of Brisbane if it proves he killed thirty-seven Australians with malice aforethought and then attempted an alibi. They have threatened with Commonwealth Police a war-zone raining bodies from the air.

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Renew Economy Friday, July 25, 2014 - 12:09 Source

It is claimed that “more than 40” families have abandon their homes to become “wind farm refugees”. But who are they?

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New Matilda Friday, July 25, 2014 - 12:00 Source

Israel's war on Gaza is as much about oppression as it is about public relations, and winning the proaganda battle. Sara Saleh unravels the spin.

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Prosper Australia Friday, July 25, 2014 - 11:59 Source

Part II: The Neoclassical Response to the Classical Theories of Inequality and Growth by Polly Cleveland, cross-posted from Dollars & Sense Mason Gaffney has shown how many individuals helped construct neoclassical economics, often with financial support from the robber barons and their successors. I will focus on two: in the United States, John Bates Clark […]

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Table Talk: Bob Ellis on Film and Theatre Friday, July 25, 2014 - 11:50 Source

Waleed Ali’s piece in the smh today is worthy of George Orwell, and should be read.

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The Australian Independent Media Network Friday, July 25, 2014 - 11:36 Source

In the everyday context of reading and interpreting the written word. Does grammar matter? Should those who have good grammatical skills refrain from criticism?

Should those lacking good English desist from airing a view even though the value of their contribution is unquestioned? Or in the broader context should those of little formal educational merit abstain from expressing an opinion?

gramma

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MacroBusiness Friday, July 25, 2014 - 11:34 Source

From Goldman today on Atlas Iron full production update: On balance, we believe AGO has delivered a disappointing 4Q14 result. Production/shipments beat – AGO pre-announced FY14 shipments of 10.9mt, beating guidance (10.2-10.7mt) and our estimates (10.6mt). Inmtoday’s result we gain comfort that it was underlying 4Q production of 3.1mt (GSe 2.6mt) delivering the beat, rather than […]

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MacroBusiness Friday, July 25, 2014 - 11:30 Source

From Bank of America Merrill-Lynch comes a short note on what it believes is the real driver behind the Chinese housing market: interbank rates. The market generally believes that banks are now doing the government’s bidding to support the housing market; we are not so sure. While government’s moral suasion might have played a role, […]

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Your Democracy Friday, July 25, 2014 - 10:53 Source

Ezekiel 37 1-2

The question remains whether, in the same way that sacred images can be consumed and dismissed by those whose fickle tastes have been formed by the visual orgy that is modern media, the disciplines formed through the patient contemplation of icons might in fact redeem the otherwise sterile inanibus phantasmibus of our media age. But that will have to wait for another time ...

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MacroBusiness Friday, July 25, 2014 - 10:51 Source

By Leith van Onselen It looks as if Melbourne will soon implement new rules that will mandate minimum sizes on new apartments, as well other design rules, in order to prevent high rise from becoming “future slums”. From The Age: Among the mandated rules for developers proposed under the Office of the Victorian Government Architect’s […]

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Inside Story Friday, July 25, 2014 - 10:23 Source

A struggle for influence and power: The US aircaft carrier USS George Washington after flight operations with its air wing in the South China Sea last month.
Chris Cavagnaro/ US Navy

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En Passant Friday, July 25, 2014 - 10:19 Source

This is a link to me going head to head with David Oldfield on radio station 2UE 2 and a half years ago in defence of flag burning.

It was prompted by a young Aboriginal girl burning the Australian flag on the stairs of Old Parliament House on Invasion Day in 2012. It is the second audio down on the page.

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Croakey Friday, July 25, 2014 - 10:17 Source

Matt Giles reports “Postvention” may not be a term familiar to many people outside the field of suicide prevention, but it dominated day two of the 2014 National Suicide Prevention Conference in Perth. The conference’s third plenary panel,...

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MacroBusiness Friday, July 25, 2014 - 10:15 Source

By Leith van Onselen The fallout from Treasurer Joe Hockey’s new authorised biography – Hockey: Not Your Average Joe – continues, with The AFR’s Laura Tingle slamming the book’s poor timing and the portrayal of Hockey as a “very hollow vessel”: Unfortunately the book has emerged at perhaps the worst possible time: the budget sales pitch […]

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Croakey Friday, July 25, 2014 - 10:06 Source

Children are at the centre of any society and deserve our unwavering protection. It is no accident that the Convention on the Rights of the Child is the most ratified human rights treaty in the world.  This week we have been inundated with evidence...

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xkcd.com Friday, July 25, 2014 - 10:00 Source

Although the oral exam for the doctorate was just 'can you do that weird laugh?'

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MacroBusiness Friday, July 25, 2014 - 09:29 Source

From LNGWorldNews: Recent PIRA Energy Group weekly report finds that multiple offers comfort the buyers but hurt the spot sellers, and Henry Hub in the U.S. dipped bellow $4, while Europe’s oil-indexed pricing becomes more important in spot/contract relationship. “Explaining the current weakness of the spot LNG market is not a huge mystery; buyers are consuming […]

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Popular Science Friday, July 25, 2014 - 09:18 Source

Nuclear bombs are seen as weapons of mass destruction, but some scientists imagined their use for good. Controlled explosions could be used to divert rivers, dig reservoirs, drill for oil and even create natural harbours. Located in Kazakhstan, Lake Chagan was one of these tests, performed by the Soviet Union in 1965. A 408m wide, 100m deep crater created with a 140 kiloton nuclear explosion. But would you really want to swim in it?

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MacroBusiness Friday, July 25, 2014 - 09:13 Source

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MacroBusiness Friday, July 25, 2014 - 08:53 Source

By Leith van Onselen Stephen Kirchner from the Centre for Independent Studies (CIS) has posted a convoluted article in Business Spectator lobbying against macro-prudential controls on higher risk mortgage lending: …monetary policy is a blunt instrument, making it unsuitable for addressing what are seen to be excesses in credit growth tied to specific asset classes. […]

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Cheeseburger Gothic Friday, July 25, 2014 - 07:44 Source

Glass is responsible for This American Life, one of the world's great radio shows and podcasts. He gave an interview to Lifehacker which is worth reading in it's entirety, here. But this extract, on how to organize an interview, is pure gold for students and young journalists. There are few jobs I find less appealing than transcribing interviews and picking out the best bits.

Let Ira show you how it's done.

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MacroBusiness Friday, July 25, 2014 - 07:40 Source

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MacroBusiness Friday, July 25, 2014 - 07:39 Source

In case any of you are wondering whether MB is worth supporting, the following little piece from Banking Day should strengthen your resolve. MB’s senior banking blogger, Deep. T., has been criticising Australian banks capital ratios (especially in reference to their international peers) for four years. That analysis is now bearing fruit. From Banking Day […]

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Popular Science Friday, July 25, 2014 - 06:27 Source

So DARPA wants a reusable spaceplane. I mean, who doesn't? For decades, space experts have tried to design quick-turnover, reusable launch systems. So far, however, no one has made one that works. "There really isn't any kind of vehicle today that does exactly what they're asking people to do," Micah Walter-Range, director of research and analysis at the Space Foundation, tells Popular Science. "You can certainly compare it to existing vehicles, but it seems to be a new class." 

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Popular Science Friday, July 25, 2014 - 06:27 Source

When the paperwork at your doctor's office asks you how much alcohol you drink, do you write down the truth? Would you be more likely to tell the truth if an animated head interviewed you instead? One team of U.S. military psychologists is betting you would.

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Popular Science Friday, July 25, 2014 - 06:27 Source

No human would be inclined to think favorably of leishmaniasis, caused by a parasite spread by sand flies, which infects about 12 million people worldwide and kills 20,000 to 30,000 per year

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Popular Science Friday, July 25, 2014 - 06:27 Source

The Space Shuttle Columbia carried the Chandra X-ray Observatory into space on July 23, 1999. To commemorate the telescope's quinceañera, NASA has released four beautiful new images of supernova remnants, processed from Chandra's readings, that showcase the observatory's capabilities.

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MacroBusiness Friday, July 25, 2014 - 05:59 Source

APRA’s new chairman, Wayne Byers, appeared at a CEDA event yesterday: Australia’s big four banks are now offering “guarantor loans” at up to 100 per cent of the purchase price of houses and apartments. This means people can borrow without a deposit if they have a family member as a ­guarantor. Asked if this was too risky, […]

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MacroBusiness Friday, July 25, 2014 - 05:43 Source

Treasury Secretary Martin Parkinson last night delivered a speech to London’s Chatham House in which he joined the chorus of crisis-worriers over the low volatility in global markets, reminded of the limits of monetary policy, endorsed macroprudential measures and encouraged the G20 to adopt Australia’s infrastructure growth agenda. It was a good speech that makes […]

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MacroBusiness Friday, July 25, 2014 - 05:29 Source

I don’t watch much free-to-air TV these days but yesterday I flicked onto the news on the ABC just in time to watch the finance section be delivered by Alan Kohler. In it he dedicated  a lot of time to yesterday’s Moody’s release about the relative prices of Australian houses, including the discussion about the […]

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