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Free speech, capital in the 21st century and other news and views for Thursday 24 April

April 24, 2014 - 19:20 -- Admin
24-04-2014 pikettyvideo
  • Video: Piketty, Krugman, Stiglitz, and Durlauf on ‘Capital in the Twenty-First Century’ - “”The French economist Thomas Piketty discussed his new book, Capital in the Twenty-First Century at the Graduate Center. In this landmark work, Piketty argues that the main driver of inequality—the tendency of returns on capital to exceed the rate of economic growth—threatens to generate extreme inequalities that stir discontent and undermine democratic values. He calls for political action and policy intervention. Joseph Stiglitz, Paul Krugman, and Steven Durlauf participated in a panel moderated by Branko Milanovic.”

El Niño looking a little more likely

April 23, 2014 - 19:18 -- Admin
A hotter and drier summer than normal in eastern Australia is looking a little more likely with the Bureau of Meteorology reporting today that the likelihood of El Niño remains high, with all climate models surveyed by the Bureau now indicating El Niño is likely to occur in 2014. Six of the seven models suggest El Niño thresholds may be exceeded as early as July.

The Whitlamites Ruling in Canberra

April 21, 2014 - 13:50 -- Admin
No wonder the old fellow refuses to fade away. Gough Whitlam’s dedication to reforming Australia’s system of government to make the states largely redundant has never had such support. The nation’s rulers seem to want to get their hands on everything - from industrial relations, to secondary school examinations, to running public hospitals, to reforming the Senate. It is like Canberra in 1972 all over again.

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