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John Quiggin

My latest Adani newsletter

Here. Signup for the list is here. I also have a general mailing list, to which you can sign up here Hi all,It’s now three months since the election, and two months since Adani got (what were supposed to be) the final approvals for its Carmichael mine-rail-port project. In fact, it appears that some approvals, such as the lease lease on Moray Downs land for the workers camp and airport haven’t been finalised, though this is supposed to happen soon. More significantly,...

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Forget the generation gap …

… the gulf between rich and poor tells the real story of our times In the Guardian yesterday, I wrote about why the Grattan Institute’s latest report on wealth differences between generations is really about class conflict and the rise of the patrimonial society. I did an interview about it with Wendy Harmer and Robbie Buck on ABC Radio Breakfast Sydney. Listen at 2:59:00. Share this:Like this:Like Loading...

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Monday Message Board

Another Monday Message Board. Post comments on any topic. Civil discussion and no coarse language please. Side discussions and idees fixes to the sandpits, please. If you would like to receive my (hopefully) regular email news, please sign up using the following link http://eepurl.com/dAv6sX You can also follow me on Twitter @JohnQuiggin, at my Facebook public page   and at my Economics in Two Lessons page Like this:Like Loading...

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What price nuclear power ?

As I mentioned a while ago, the Standing Committee on Environment and Energy of the Commonwealth Parliament is inquiring into the prerequisites for nuclear energy in Australia. There’s a similar inquiry happening in NSW. All the evidence suggests that this isn’t serious exercise. Rather it’s something intended to appease the National Party or troll the Greens, depending on where you are coming from. Still, it’s a Parliamentary inquiry on an important issue, so I decided to take...

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Jimmy Carter gets advice about global warming

A commenter at Crooked Timber just made the often-repeated claim ““Forty years ago (1970’s) global cooling was all the rage!””. As it happens, just before reading this comment, I received a link to some files from the Jimmy Carter Presidential Library and Museum. It’s a daily log or similar, and starts with a response to someone named Frank Press who had written to Carter raising concerns about CO2 emissions and global warming. The advice given to Carter was as follows: The issue...

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Another High Court disaster, coming up ?

Unsurprisingly, the rejection of Cardinal Pell’s appeal against his conviction for sexual abuse has led to the expectation that the case will go to the High Court. As far as I can tell, there are quite a few bad reasons for the High Court to take the case, but no good ones. The bad reasons (all related to each other) are Cardinal Pell is an important personHe is strongly backed by other important peopleThere is a lot of public interest in the caseWhat is missing is any legal...

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Cutting the financial sector down to size

That’s the provisional title I used for my latest piece in Inside Story. Peter Browne, the editor, gave it the longer and clearer title “Want to reduce the power of the finance sector? Start by looking at climate change”. The central idea is a comparison between the process of decarbonizing the world economy and that of definancialising it, by reducing the power and influence of the financial sector. Both seemed almomst impossible only a decade ago, but the first is now well under...

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Monday Message Board

Another Monday Message Board. Post comments on any topic. Civil discussion and no coarse language please. Side discussions and idees fixes to the sandpits, please. If you would like to receive my (hopefully) regular email news, please sign up using the following link http://eepurl.com/dAv6sX You can also follow me on Twitter @JohnQuiggin, at my Facebook public page   and at my Economics in Two Lessons page Like this:Like Loading...

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Economics in Two Lessons, reviewed

A couple of reviews of Economics in Two Lessons have come out, from opposite ends of the political spectrum. The more interesting is Max Sawicky’s in Jacobin. Sawicky does a great job in summarising the key ideas in the book. His is probably the best review so far for non-economists to get an understanding of the main themes. Given the Jacobin audience, the key question is “Why should a socialist read a book about markets?” As Sawicky observes, the answer is easy for socialists...

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