Monthly Archives: 2014-09

21 published posts from 2014-09.

Troppo motto contest

You may notice that I have changed the masthead motto, which until now read "the suppository of centrist wisdom since 2012". It was a somewhat snide and gratuitous reference to a Tony Abbott malapropism uttered in the leadup to the 2013 federal election (and pretty much on a p...

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Posted in Metablogging

Paul Krugman the academic, Martin Wolf the economic journalist: Bottom line - read Wolf's great new book

I'm a big, though not uncritical admirer of Paul Krugman - of his straightforwardness and his aggression in what is almost always a worthy cause. And yet, reading Martin Wolf's magnificent book rather inauspiciously titled The Shifts and the Shocks: What We've Learned-and Have...

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Posted in Philosophy, Economics and public policy, Political theory

Adam Smith on managerialism

The pride of man makes him love to domineer, and nothing mortifies him so much as to be obliged to condescend to persuade his inferiors. Wherever the law allows it, and the nature of the work can afford it, therefore, he will generally prefer the service of slaves to that of f...

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Posted in History, Humour, Economics and public policy, Innovation

How the aged crowd out the young, and how it's inefficient

This paper is pretty interesting. The last generation has seen the triumph of the baby boomers in attracting resources to themselves, at the cost of other generations, most obviously illustrated in throwing off the shackles of university fees (so other generations and the uned...

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Posted in Education, Economics and public policy, Innovation

Managers wresting control from owners: it's nothing new …

Contractual Freedom and the Evolution of Corporate Control in Britain, 1862 to 1929 by Timothy W. Guinnane, Ron Harris, Naomi R. Lamoreaux - #20481 (DAE) Abstract: British general incorporation law granted companies an extraordinary degree of contractual freedom to craft their...

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Posted in Philosophy, Economics and public policy, Political theory

Public private partnerships to build the digital public goods of the 21st century

Below the fold is the Ockham's Razor lecture that went to air yesterday. Since the trolls have already come out in force on the ABC thread (The ABC's illustration doesn't help!), I've reproduced it for your delectation below. Nicholas Gruen: Both popular commonsense and econom...

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Posted in History, Economics and public policy, Web and Government 2.0, Innovation

Ray Monk Lecture at 6.00 pm tonight: Go if you can

As a council member of the National Library I had the privilege of not only going to this lecture last Friday night but of having dinner with Ray, the benefactors of the lecture (John Seymour - whom I taught Legal Writing and Research alongside in 1990 or thereabouts - and his...

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Posted in History

Italian Film Festival: a bit late

Films Marina True story of beloved singer, songwriter and accordionist, Rocco Granata, from his early life as an immigrant in Belgium to his emergence as a worldwide musical phenomenon with his 1959 song Marina, one of the biggest international hits of that era.1948 Calabria,...

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Posted in Films and TV

Why 'how to' guides on innovation are of limited use: An 'untheory' of innovation

‘Nor is wisdom only concerned with universals: to be wise, one must also be familiar with the particular, since wisdom has to do with action, and the sphere of action is constituted by particulars’. Aristotle [caption id="attachment_31744" align="alignright" width="387"] Looki...

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Posted in Economics and public policy, Innovation

Time for the ‘reform’ mantra to be modernised: My AFR column of yesterday

By the time economic reform matured as a political project – let’s date it from Paul Keating’s announcement about its popularity with the resident galah in every pet shop – it was already on the slide into the kind of ideological formula of mercantilism that Ken Henry so power...

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Posted in History, Economics and public policy, Innovation

Scottish independence: a good idea or a bad idea?

Today the people residing in Scotland can decide whether they want to see an independent Scotland or to have Scotland remain in the UK. The betting markets concur with the opinion polls and favour the status quo: the markets give roughly 20% chance that the ‘yes’ vote will win...

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Posted in Uncategorized, Politics - international, Life, History, Education, Economics and public policy, Cultural Critique

Iraq: 10 things that seem to be true

As we head back to Iraq, I'm struck by the way in which those making the case both for and against are avoiding certain ideas which seem to me to be true: This is not 2003 all over again . At least on a moral level, and at least as far as action in Iraq goes. We have been invi...

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Posted in Politics - international

On the cost of foreign exchange: Scottish independence edition

Well gentle readers, it's come to this. Scottish independence is going down to the wire. It is hanging by a thread, though if you are concerned that I am mixing my metaphors, I think you're flogging a dead horse after it's bolted. In any event, in the question of Scottish inde...

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Posted in Economics and public policy, Innovation

Institutional innovation and 'demarketising' economic bads

Miles Kimball, for the uninitiated a sensible centrist commentator on economic policy is also an admirer of John Stuart Mill and has supported the case for decriminalising drugs . At the same time, since he thinks drugs - certainly recreational drugs or the new ones - are bad...

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Posted in Economics and public policy, Libertarian Musings, Law

Creative destruction: Cities edition

Creative Destruction: Barriers to Urban Growth and the Great Boston Fire of 1872 by Richard Hornbeck, Daniel Keniston - #20467 (DAE DEV EEE EFG LE PE) Abstract: Historical city growth, in the United States and worldwide, has required remarkable transformation of outdated durab...

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Posted in Economics and public policy

An overarching theory of sexual abuse scandals

Ross Douthat in the New York Times presents a compelling theory about the waves of sexual abuse scandals , from Roman Catholicism to Rolf Harris to Rotherham. Remember that these scandals are scandalous precisely because their perpetrators all got away with rape and abuse for...

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Posted in Society

Mid-century modern

I recently visited the National Gallery of Victoria's exhibition of 1950s furniture . I went to see Fred Lowen's furniture. Fred was a Dunera Boy - who I became aware of towards the end of his life when he had an exhibition of drawings at Australia Galleries in Collingwood. Th...

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Posted in History

Queensland as impresario

On Tuesday I gave a talk to a Queensland Public Service Conference. The Conference is quite a production. It's a regular annual fixture and makes a good profit. Over 500 people attend and they take the opportunity to fund some excellent speakers. Dominic Campbell who founded F...

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Posted in Economics and public policy, Innovation

A special new service from Optus

Delivered for your amusement - if not necessarily mine: :) This conversation took around 15 minutes as I was working on other things. Thank you for choosing Optus. Please wait for a site operator to respond. Optus has a privacy policy, please let your consultant know if you wo...

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Posted in Humour, Economics and public policy, Innovation

Attack of the Stupids

Oh aren’t they so tough our current leaders? Beating their hairy chests over the ISIS threat to Western civilization. Here’s Cigar chompin’ Joe Hockey Wenesday morning We will not be intimidated by the threats of murderers; we will never be intimidated as a nation or a people...

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Posted in Uncategorized

Chess history made

Busy Troppovians have no-one other than Troppo to let them know when something serious has happened in the chess world. If Troppo had been going at the time, Troppovians would have been the first non-chess aficionados in the world to hear of Bobby Fischer's extraordinary explo...

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Posted in Chess