Search Results: literature
There are more than 200 results, only the first 200 are displayed here.
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ECONOMICS
- David James
- 07 September 2021
4 Comments
There is a three-way battle looming over the future of money and the stakes could scarcely be higher. Conventional money, mainly debt created by banks — the ‘folding stuff’ is only a tiny proportion of the total — is in trouble. Total global debt is now so large relative to the world economy it cannot be serviced, which is why monetary authorities have resorted to dropping interest rates. When they almost hit zero, the next step was quantitative easing (QE): printing money by getting the central bank to buy back government and corporate bonds and putting them on its ‘balance sheet’.
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ARTS AND CULTURE
- Wally Swist
- 30 August 2021
1 Comment
Stopped at two stones, I languish beneath this vault tarnished with heaven. The tangle of these paths are in possession of my blindness. Nothing is more squalid than my monotony.
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ECONOMICS
- David James
- 12 August 2021
4 Comments
The biggest mystery of the financial markets is why, when the monetary authorities have been printing money with their ears pinned back, is inflation for the most part not a problem? What happens with inflation is crucial to the short-term survival of the whole system. Global debt, which is running at well over 300 per cent of global GDP, is only sustainable because interest rates are exceptionally low (the base rate in Australia is only 0.1 per cent). And interest rates are low because inflation is not a problem.
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ECONOMICS
There really is no such thing as ‘capitalism’ — or rather there are so many capitalisms that the word is altogether too imprecise to be useful. A much better term to identify the problems, even evils, of modern developed economies is ‘corporatism’. This can be precisely identified and its transgressions and general harm are getting worse.
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ARTS AND CULTURE
- Sarah Klenbort
- 01 July 2021
53 Comments
While we can’t conflate accusations against Roth’s biographer with his subject, this recent Blake Bailey scandal invites us to revisit, through a 21st century lens, the world of someone considered one of the definitive writers of the 20th century.
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ECONOMICS
An often overlooked fact about the financial system is that it entirely depends on trust. When trust starts to evaporate, especially between the big players such as banks and insurance companies, the whole artifice is put into peril. Trust in the system is now at an extreme low and that points to extreme danger.
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AUSTRALIA
- Margaret Somerville
- 03 June 2021
80 Comments
The case against euthanasia is much more difficult to promote, not because it is weak — it is not — but because it is much more complex.
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AUSTRALIA
- Margaret Somerville
- 03 June 2021
9 Comments
No one on either side of the debate wants to see people suffer and the euthanasia debate is not about if we will die — we all will at some point. The debate is about how we will die and whether some ways of dying, namely euthanasia, are unethical and dangerous, especially to vulnerable and fragile people, and destructive of important shared values on which we base our societies.
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ARTS AND CULTURE
- Paul Mitchell
- 01 June 2021
11 Comments
Like the best religious poetry, Dylan’s works resists easy interpretation and remains open to endless meditation. Dylan’s overtly political songs — ‘Hurricane’, ‘Political World’ — and love songs — ‘Idiot Wind’, ‘Tangled up in Blue’ — have often been challenging. It’s the same with his religious output.
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RELIGION
- Gerald O'Collins
- 20 May 2021
24 Comments
Over forty years ago I drew on the doctoral work of Bridget Puzon to produce The Second Journey and reflect on midlife journeys. Human history, as I realised then and later, throws up everywhere examples of such journeys: from Abraham and Sarah to Moses, from Paul of Tarsus to Mother Teresa of Calcutta, from Dante Alighieri to Eleanor Roosevelt, from John Wesley to Jimmy Carter, from John Henry Newman to Dietrich Bonhoeffer.
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AUSTRALIA
The debate about the future of work, and therefore UBI, was hijacked by a reductive media narrative around ‘the robot question’ and this has made it hard to recognise the complex nature of the changes underway.
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ECONOMICS
But although the Coalition will never admit it, it looks suspiciously like there has been some bipartisan institutional learning about how to manage financial crises. If you want to stimulate an economy in times of crisis put the money directly into the economy, either into people’s pockets or to businesses who then pass it on to workers.
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