Welcome to Eureka Street

back to site
Forgot your password?
Subscribe

Keywords: David Ness

  • MEDIA

    Best of 2021: Facebook unfriends Australia

    • Binoy Kampmark
    • 11 January 2022
    1 Comment

    Instead of retaining its control of a fruit market, or preserving an oil monopoly, Facebook harnesses another resource: data. Any regulator or sovereign state keen to challenge the way the Silicon Valley giant gathers, monetises and uses that data will face their ire.

    READ MORE
  • ECONOMICS

    A strange financial circus

    • David James
    • 12 October 2021
    4 Comments

    Over the last two years, money printing has created the illusion of strength in savings. But when reality resurfaces, and actual returns are required from actual economic and business activity, the global financial system will come under extreme stress. 

    READ MORE
  • ECONOMICS

    The economy is never as good as it looks and never as bad as it seems

    • David James
    • 04 May 2021
    2 Comments

    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.

    READ MORE
  • ECONOMICS

    Finding a new business model for big tech monopolies

    • David James
    • 09 March 2021
    5 Comments

    Social media companies are adopting a strategy that may go down in history as among the worst corporate mistakes ever. Google and Facebook are now monopolies and, like all monopolies, they no longer see their main interest as serving customers but rather to capture governments in order to protect their market dominance.

    READ MORE
  • MEDIA

    Unfriending Australia: Facebook takes action

    • Binoy Kampmark
    • 23 February 2021
    2 Comments

    Instead of retaining its control of a fruit market, or preserving an oil monopoly, Facebook harnesses another resource: data. Any regulator or sovereign state keen to challenge the way the Silicon Valley giant gathers, monetises and uses that data will face their ire.

    READ MORE
  • ECONOMICS

    Finance needs common sense, not cleverness

    • David James
    • 10 December 2020
    1 Comment

    The world’s financial markets are afflicted by a deep irrationality that imperils their very existence. On the surface, finance looks logical enough with its numbers, charts, mathematics, forecasts, ‘modelling’ and so on. But this only masks the fact that the system itself has been working on underlying assumptions that are either contradictory — such as that you can ‘deregulate’ finance when finance consists of rules — narrow minded or absurd.

    READ MORE
  • ARTS AND CULTURE

    The seamless glass

    • Wally Swist
    • 09 June 2020
    1 Comment

    Of the inaudible seamless glass the reflections mirror, pellucid and far — they refract the stillness of the rocks whose silhouettes darken among the chiaroscuro of faces onshore. The mirrored reflections reflect the silence of sky, accompanying the sliding clouds that skate across the absolute clarity.

    READ MORE
  • ECONOMICS

    The flawed ideology of healthcare as business

    • David James
    • 28 May 2020
    5 Comments

    Calling healthcare a business was always logically flawed. Money is involved, but it is unlike any consumer product businesses. For one thing, the ‘customer’ in health does not decide what represents value, the provider (the doctor or equivalent) does. Patients may have a say, but usually only on the margin.

    READ MORE
  • AUSTRALIA

    Significant Federal Court win for Biloela Tamil family

    • Kerry Murphy
    • 24 April 2020
    7 Comments

    On 17 April 2020, the Federal Court ordered that Immigration had failed to comply with procedural fairness for the family. The case is known by the pseudonym XAD. The XAD case relied on significant legal principles going back to the M61 High Court decision of 2011.

    READ MORE
  • INTERNATIONAL

    Sham Palestinian peace plan is business as usual

    • Daniel Sleiman
    • 04 February 2020
    8 Comments

    The Palestinians, and Arabs more generally, have gotten used to this sham of semantics and pretences of peace, watching on as America continues to fund and support Israel’s occupation of Palestine and its projection of military power in the region with impunity.

    READ MORE
  • RELIGION

    Woe to those who punish the poor

    • Barry Gittins
    • 11 October 2019
    16 Comments

    If our PM's theological name dropping rings true, his life is guided by the life and teaching of Jesus Christ. That unemployed Jewish tradie turned rabble rouser made this apocalyptic observation: 'Woe to you who are rich, for you have received your consolation.' Yet it remains a vote winner, this business of punishing poor people for being poor.

    READ MORE
  • ARTS AND CULTURE

    I did not join the gang of boys

    • David Ishaya Osu
    • 04 September 2019
    4 Comments

    There was a love that manifested in my house that needed no naming. It transcended adjectives or nouns. We were so playful to the extent we tried our mother's dresses, skirts, blouses. In days when I felt the fullness of my mischievousness, I dressed like my mother or sister and ran out of the house to make people laugh. There was no fuss about it.

    READ MORE