Eureka Street

Author: David James

ECONOMICS

How financial devils came to rule the universe
- David James
- 05 June 2013
7 Comments
Religious authorities may not spend a lot of time pondering the nature of global financial systems, but the Pope's recent comment that 'money has to serve, not rule' suggests it can be useful when they do. Given scope to become rule makers, rather than just people who know how to exploit the rules, financiers have moved themselves to a position of mastery.
READ MORE
ECONOMICS

Banksters' deadly game of Sheldon's three-person chess
- David James
- 01 May 2013
3 Comments
In The Big Bang Theory Sheldon invents a game of chess which 'utilises a three-sided board with transitional quadrilateral-to-triangular tessellation to solve the balanced centre combat-area problem'. This gobbledegook sounds suspiciously similar to the application of mathematical models to financial securities in derivatives markets.
READ MORE
ECONOMICS

The truth about middle class welfare
- David James
- 09 April 2013
5 Comments
Commentary on the proposed changes to tax on super has created the impression that the truly needy will miss out on extra cash as politicians pander to middle class voters. This is almost entirely false. In terms of where tax dollars are allocated, Australia has definitely concentrated on lower class welfare.
READ MORE
ECONOMICS

Big business twists tax truth
- David James
- 27 March 2013
2 Comments
Australia's business lobbies are fond of complaining that company tax is too high. Lower it, they argue, and the economy would become more dynamic and everyone would benefit. The reality isn't that simple. The combination of Australia's dividend imputation system and the compulsory super scheme greatly benefit Australia's big companies.
READ MORE
ECONOMICS

Don't bet on the Australian dollar
- David James
- 08 February 2013
4 Comments
This week the Australian dollar reached its lowest point in three months. Tangible factors such as interest rates and trade with China influence its strength. But what really determines the direction of our currency is the whim of the currency traders. In that sense, the Aussie is is arguably the most 'unreal', or virtual currency in the world.
READ MORE
ECONOMICS

Best of 2012: The upside down world of global capital
- David James
- 09 January 2013
1 Comment
Money is not like water, that 'flows' around the world, reaching 'equilibrium', or experiencing 'volatility'. It is transactions between people, based on trust. It enables the cooperation that forms the basis of social life. Human beings should be at the centre. Yet that is the opposite of what is happening. Monday 27 August
READ MORE
ECONOMICS

Gloomy forecast for Aboriginal super
- David James
- 12 December 2012
6 Comments
Superannuation is not generally available before the age of 55. For most of the population of Australia this is scarcely a problem, as they are likely to live well into their 80s. But the average life span of Aboriginal Australians is much lower. Many will not live long enough to derive financial advantage from their super.
READ MORE
ECONOMICS

Debunking the global financial con job
- David James
- 12 November 2012
12 Comments
Even after the most dangerous financial crises ever seen, finance industry lobbyists still argue that the sector should not be too heavily regulated as that would be counterproductive. This is nonsense. Money is rules. It is a question of who sets the rules and what kind of rules they should should be.
READ MORE
ECONOMICS

Australia's pension fund perversion
- David James
- 03 October 2012
7 Comments
The demise of Gunns, Tasmania's biggest paper and pulp mill, has been greeted as a triumph of environmentalists over business. The saga encompasses much more than that. It poses some deep questions about ownership and accountability in Australia's financial system which are yet to be answered persuasively.
READ MORE
ECONOMICS

The upside down world of global capital
- David James
- 27 August 2012
5 Comments
Money is not like water, that 'flows' around the world, reaching 'equilibrium', or experiencing 'volatility'. It is transactions between people, based on trust. It enables the cooperation that forms the basis of social life. Human beings should be at the centre. Yet that is the opposite of what is happening.
READ MORE
CONTRIBUTORS

David James
- David James
1 Comment
David James has been a financial journalist for 28 years. He was a senior writer and columnist at BRW for 25 years, a senior journalist at AAA Banking magazine, an editor and writer for stockbroker JB Were & Sons and a journalist at The Melbourne Herald. He is author of Managing for the Twenty First Century and The Business Devil’s Dictionary. He has a PhD from Monash University: Illusions of Time in Shakespeare's Plays. He now works as a freelance journalist and editor.
READ MORE

page:

145-155 out of 155 results.

Subscriber login

Author: David James