Heresy: Coalition States right to snub Gillard's disability insurance gambit

The left-leaning twitterverse went into predictable convulsions of outrage yesterday when it emerged that (equally predictably) the four Coalition States had declined to pony up dollars for the 4 year trial phase of the proposed national disability insurance scheme. However th...

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Posted in Politics - national, Economics and public policy

Stopping debt and deficit in the Territory?

[caption id="attachment_21086" align="alignright" width="300"] Debt was a very popular theme with Malcolm as well ...[/caption] Like Tony Abbott at a federal level, NT Country Liberals leader Terry Mills has been trying to fan the flames of a shock-horror theme on government d...

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Posted in Politics - Northern Territory, Economics and public policy

Rules, Rule-Following, and Cooperation

Rules are thought to persist to the extent that the direct benefits of having them (e.g. reduced transactions costs) exceed the costs of enforcement and of occasional misapplications. We argue that a second crucial role of rules is as screening mechanisms for identifying coope...

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Posted in Economics and public policy

How Mr Churchill nearly got us into Gallipoli 2

I've been reading Graham Freudenberg's Churchill and Australia which is a fine read, with a certain grandeur in the prose. In any event I came upon Chapter 10 which documents the crisis over Turkey pulling the plug on the post World War One settlement - a kind of between wars...

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Posted in History

NT political campaigning under the radar

[caption id="attachment_21050" align="alignright" width="300"] Gerry Wood[/caption] On the surface at least, nothing much has changed since my first two reports on the forthcoming Northern Territory election. The mainstream media campaign is very quiet indeed, even though it's...

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Posted in Politics - Northern Territory

The pathologies of inequality

From the Journal of Economic Perspectives Why is the rate of teen childbearing is so unusually high in the United States as a whole, and in some U.S. states in particular? U.S. teens are two and a half times as likely to give birth as compared to teens in Canada, around four t...

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Posted in Economics and public policy

Don't hold your breath waiting for mass moral outrage

Troppo author and prominent academic economist Paul Frijters has been banging away for years about how current climate change policies (including carbon pricing) are doomed to failure. The sincere (and entirely well founded) concerns of scientists and environmentalists about t...

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Posted in Politics - international, Climate Change

Sport and the cause of a better world

My son came home from last night's and this morning's hockey matches with a rainbow coloured band round his wrist with which he was playing on which were printed the words "Fair go, sport!" This is a pilot campaign launched last year by Sports Minister Mark Arbib and it's some...

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Posted in Sport-general

The contrast between informed and vox pop opinion

I've written before on the cancer of vox pop democracy , where all matters of policy must run the gauntlet of the vox pop test - which is to say that it must instantly appeal to a majority of shoppers at Fountain Gate who have a microphone shoved into their face and asked some...

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Posted in Law

Welfare quarantining in America

A conservative conspiracy to make government bigger, bury retailers in red tape and tell people how to live their lives, or just another example of populist grandstanding? The young man wanted a pack of cigarettes but when he pulled out his welfare card to pay, 65 year old cas...

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Posted in Politics - international, Society

The Betrayal Of Adam Smith

I've been thinking about writing something in the wake of Don Arthur's Nanny and the Libertarians post, but until now I haven't had the heart. Discussion threads on posts dealing with such issues always seem instantly to degenerate into a slanging match between, on the one han...

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Posted in Politics - international, Economics and public policy

Bonuses and risk taking: Some experimental evidence to bolster commonsense

Incentivizing Calculated Risk-Taking: Evidence from an Experiment with Commercial Bank Loan Officers By: Shawn Cole (Harvard Business School, Finance Unit), Martin Kanz (World Bank) and Leora Klapper (World Bank) URL: http://d.repec.org/n?u=RePEc:hbs:wpaper:13-002&r=exp This p...

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Posted in Economics and public policy

Keeping intellectual property safe from Mickey Mouse diplomacy

Here's my column from today's SMH, Age and Brisbane Times. WHAT are Australia's strategic interests when negotiating with other countries on the extent of intellectual property (IP) rights - for instance, the duration and strength of patents and copyright? It's no Mickey Mouse...

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Posted in Economics and public policy, Intellectual Monopoly Privileges, Intellectual Property

A good day for political cartooning

[gallery columns="1"] (Click on image to enlarge)

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Posted in Politics - national

Oh joy! Oh bliss!

Flash mob Barcelona style Annie I'm not your Daddy ,will put a spring in your day

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Posted in Uncategorized

What is equality of opportunity?

Almost everyone is in favour of equality of opportunity; even free market activists from the Institute of Public Affairs . But whenever a large number of people agree on a form of words, it's a safe bet they interpret those words differently. How else could party members agree...

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Posted in Philosophy, Society, Libertarian Musings, Political theory

Another great use of Web 2.0: raising funds for school projects . . .

http://youtu.be/PUSdjfh2YjM

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Posted in Web and Government 2.0

Me and the Catholic Church: A Roger and two Franks

[caption id="attachment_20927" align="alignright" width="300"] Father Frank Flynn (left)[/caption] I was deeply disturbed by Monday's Four Corners program on child sexual abuse by Catholic clergy, not because it's any news as such but because very little seems to have changed...

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Posted in Life, Religion, Law

PNG and the Tyranny of Unicameral Majoritarianism

(Mike Pepperday has an edited version of the very interesting essay below in the AFR today. But Troppodillians expect only the unexpurgated, and so, in keeping with Troppo's tag line "What do we want - the unexpurgated. When do we want it - Now!" here it is. . Nicholas.) Austr...

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Posted in Economics and public policy

'With friends like this' Part IV: regulation by the unregulated

"In 2008-09, DEWHA was assessed as non-compliant for the Resale Royalty Right for Visual Artists Act 2009 and a post-implementation review is required to commence within one to two years of implementation."¹ The reason why the Artist Resale Royalty Act was assessed as non-comp...

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Posted in Uncategorized, Art and Architecture