Economics is full of circular arguments. The Government is on the one hand arguing — most notably with the SPC Ardmona case, the exit of the car manufacturers and Qantas — that it will not get involved in supporting Australia's industry base. But then it argues that its policies will boost Australia's industry base. Lower unemployment will inevitably follow. For the first time ever it is apparently possible to have it both ways. By David James
'All animals are equal, but some animals are more equal than others'. This was George Orwell's parody in Animal Farm of the vicious use of language in communist states. It was one of his memorable depictions of how the absurdities of language not only reflect evil, but also predicate it. Language was a tool of oppression in communist states. In capitalism it is no less vicious. By David James
The Happy Planet Index (HPI) is the leading global measure of sustainable well-being. The HPI measures what matters: the extent to which countries deliver long, happy, sustainable lives for the people that live in them.
They are two of Australia's most celebrated places of natural beauty, sitting at either end of the country. Both are world heritage protected. And in the eyes of conservationists both took significant blows on Friday.
The Fiscal Times The Super Disappointing Economics of the Super Bowl The Fiscal Times Don't believe the hype: Despite predictions of a huge economic boom, this year's Super Bowl is shaping up to be more of an economic dud.
There is a contradiction at the heart of the way we organise our lives, the way governments regulate society and even the way the Bureau of Statistics decides what it needs to measure and what it doesn't.
Sometimes a single unlikely idea can have massive impact across the world. Sir Harold Evans, the author of They Made America, describes how frustration drove Malcom McLean, a small-town truck driver, to invent the shipping container.
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