Hooray for the bullshit-callers
ASIC, one of our main financial markets regulators, has today declared that short-selling is a "legitimate business in the market". Good on them. Markets need...
Missing Link Friday – Riots, austerity, gossip and wood tape
A modest proposal for debt ceiling reform: It's spending on Medicare that's driving up the deficit, writes Noah Millman. So at the American Scene he...
Brainstroming productivity reform
I don't generally take much notice of Henry Ergas's op-ed pieces in the Oz, but even one-eyed Coalition shills sometimes have important things to say....
Invasion of the quote snatchers – Adam Smith, Google and the London riots
Adam Smith recognised that a well-ordered society can never develop "when a sizeable number of its members are miserable and, as a consequence, dangerous", writes...