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There is money to be made in war, especially from making weapons, and what we are witnessing at the moment in Ukraine and the Middle East is simply the latest episode in a story that goes back centuries.
How about truth as an antidote to war? Who would have stomach for it, though we see war as part of existence? The trouble with its normalisation, such as in games, both in backyards and in cyberspace, is that becomes uncoupled from reality.
Anzac Day draws us away from the geopolitical chess board to consider the price that so many persons have paid for the wars in which their leaders join. It reminds us of the need for diplomacy based on respect for the humanity of persons on all sides of conflict.
Economics may be useless for forecasting, and its assertions can be overly simplistic. But it is a language that should be understood, and here is a good place to start. In simple and clear prose, Leigh spans the history of human economic activity, beginning in prehistoric times and ending with the modern day.
In the face of developments where the commons are intruded upon for private profit and economic efficiency, we need to treasure such unfashionable concepts as the commonwealth, the common good and the houses of commons – the places for deliberation and decision where what is in the common interest is given priority over the benefit of the few.
What does it mean when ideas of scarcity – supposedly the driving principle in understanding supply and demand – are no longer the only or best way to think about economic activity? What is needed to understand the post-industrial environment is a new way of thinking about economics and finance.
This rush to the missile age is part of a broader escalation of the arms race in previously peaceful regions, distancing countries like Australia and New Zealand from their roles as honest brokers in a nuclear-free Pacific.
It’s that time of year when futurists and prophets play fast and loose, projecting visions rife with both promise and peril, weighing the possible against the improbable. As we contemplate competing pictures of the future, although every forecast risks missing the mark, one thing is certain: 2024 won’t be a year for the faint-hearted.
There is an economic case for acting on the climate crisis but the economics can be a distraction unless we start the conversation at the right place: the environment. A heating climate will cost us trillions. If we don’t act at all, it will cost us everything.
If money is just a set of rules, we need to ask, how can these rules best serve society and not cause crises? We know, after thousands of years of evidence, that the debt-based system of money eventually self-destructs, and this time, the effects are likely to be felt around the world.
Sixty years ago today, on November 22, 1963, the world lost three towering figures of the 20th century. On their diamond jubilee, do I think it was the end of the world as we know it when these three died? Each one shaped the twentieth century in a unique way. Each one left us with much to think about still.
As Western economies grapple with soaring inflation rates, the once steady financial landscape is shifting, revealing looming challenges beneath mounting global debt. Amid 'Great Reset' calls, many face an uncertain future where the true cost of living is set to be redefined.
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