1 week, 1 day
When a small businessman borrows £9000 from a bank and his income halves, he has a problem.
If a UK dairy farmer who has borrowed £900,000 from a bank, sees his income half, it’s still the dairy farmer who has the problem. 109 more words
1 week, 4 days
Economists got it right on carbon tax, even if Greg Hunt doesn’t want to admit it.
Modern Monetary Theory: Real Economics
Professor John Quiggin ruffled a few MMT feathers with his recent blog entitled “MMT and Russia”
Does he have a point? Well, yes and no. 714 more words
1 month, 1 week
The end-of-year reflections by Prime Minister Tony Abbott and Treasurer Joe Hockey were a reminder of the federal government’s surprisingly poor year. The measure has been the government’s perilous position in the polls. 903 more words
Hockey backflips on tax laws to target multinational profit shifters.