A little while ago, it was revealed that the Queensland taxpayers were picking up the bill for Campbell Newman’s indefensible defence in a defamation action brought against him and Jarrod Bleijie (aka Boy Wonder) for accusing two Gold Coast lawyers of being bikie criminals, apparently on the sole basis that they were fulfilling the profes
Articles from John Quiggin
Another draft extract from my book-in-progress, Economics in Two Lessons. It’s the last part of the section on “predistribution”, dealing with Intellectual Property. Next up, “redistribution” through taxation and public expenditure.
As always, encouragement is welcome, constructive criticism even more so.
Watching the rapid consolidation of the Republican Party around the candidacy of Donald Trump, I’ve tried to make sense of this in terms of the “three party system” analysis I presented a few months ago.
Another Monday Message Board. Post comments on any topic. Civil discussion and no coarse language please. Side discussions and idees fixes to the sandpits, please.
Back in the 1970s, when the idea of analyzing voting and poll results in terms of the “two-party preferred vote, it was a major advance.
A bit out of order, this is another draft extract from my book-in-progress, Economics in Two Lessons.
Over the fold, another extract from my book-in-progress, Economics in Two Lessons. Encouraging comments appreciated, constructive criticism even more so.
Predistribution and profits
When I posted the following piece two years ago, I didn’t suppose it would be enough to kill the absurd idea that “most Australians pay no net tax”. But, given its obvious kinship with Mitt Romney’s disastrous “47 per cent” catchphrase, I felt sure that hardheads on the political right would kill it off before it lined them up on the losing side of a class war. Not for the first time, I was wrong. So, here’s a reprint.
In a recent post, I asserted that
activities like tax avoidance/evasion and regulatory arbitrage aren’t peripheral flaws in a financial system primarily concerned with the efficient global allocation of capital. They are the core business, without which the profits of the global financial sector would be a tiny fraction of the $1 trillion or so now reaped annually
A new sandpit for long side discussions, idees fixes and so on.