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Articles from Harry Clarke

What will happen to Australian asset prices?

August 9, 2014 - 20:27 -- Admin

Low interest rates that are unlikely to increase any time soon and property as well as equity markets that are growing strongly, both in Australia and overseas, create the basis for gearing up and taking high levels of risk. People ask me – as an economist – how it will all end. I confidently predict it will end in tears with many people losing everything and margin calls driving asset prices to levels where those few smarties with plenty of cash will make a killing.

William Blake done by Allen Ginsberg

July 21, 2014 - 17:51 -- Admin

My interest in William Blake’s poetry dates back about 40 years to performances of his “Songs of Innocence and Experience” by Allen Ginsberg.  They were on an 1969 LP I had that got nicked while I was living in Surrey Hills Sydney.  Searching  I found YouTubes of several performances from this album. I particularly liked the mantra like version of “The Sick Rose” recorded here:

The Sick Rose/The Nurse’s Song

La Trobe economics staff cuts

July 2, 2014 - 01:15 -- Admin

The heading “holds out” is strong but economics staff do think the proposed staffing cuts are not in the interests of the university. This is not only an issue of self-interest. The School of Economics needs to be restored to the strong, growing school that it was up to 2012. This would not be difficult though it will be very difficult to carry out such a restoration if proposed cuts go through.

Attempts to downgrade economics education at La Trobe University

July 2, 2014 - 00:08 -- Admin

These are views of the Economic Society of Australia (Victorian Branch). My only qualification to these views is that they do not stress strongly enough that this attempted downgrade economics will be self-defeating from the viewpoint of the University’s own objectives of improving its financial viability and attracting higher ATAR students.

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