James5

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Eco, Social and Legal Justice

What is Turnbull thinking?

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Ok, Turnbull is obviously on a bit of “bipartisan” spree here, but why does he think Aussie banks need government money? Should I be making a run on the bank?

Popularity: 2% [?]

Gans on FuelWatch

Joshua Gans has his take on the doomed FuelWatch scheme. He seems to be saying that it will reduce prices by increasing competition, and that’s why the independents are against it.

Popularity: 1% [?]

Doha was no development round

Rodrik’s article in the Guardian makes some good points about the recent failure over Doha. Let’s hope that when things get back on track we can get a real development agenda going and the WTO can start living up to its preamble more.

Popularity: 3% [?]

Zimbabweans using gasoline as money

Barter is alive and well in Zimbabwe, we all know that, it also turns out that petrol vouchers are now being used as a medium of exchange.

Popularity: 2% [?]

Does capitalism lead to democracy?

Free trade advocates have often used the promise of democracy to encourage free trade at any cost. That is, they believe that wealth will naturally lead to a democratic society, so can justify increasing trade with authoritarian states on the basis that this will lead to demands for better governance from a rising middle class. But is that what we are seeing in China? Robert Reich questions this doctrine, pointing out the rise of ‘authoritarian capitalism’ in China rather then the ‘democratic capitalism’ hoped for.

Popularity: 4% [?]

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