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Keywords: Gambling

  • INTERNATIONAL

    The war in Ukraine: A Roundtable

    • Andrew Hamilton, David Halliday, Michele Frankeni, Stewart Braun
    • 19 May 2022
    5 Comments

    We are now three months into the Ukraine war. From an invasion it has turned into a war of attrition that has cost many lives, displaced civilians, destroyed cities, and led to sanctions and the making of alliances with effects that have spread suffering far beyond Ukraine. In this Roundtable, Andrew Hamilton SJ, David Halliday, Michele Frankeni and Dr Stewart Braun explore the ethics of the war and likely paths to peace.  

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  • AUSTRALIA

    Betting on the future of Australia’s gambling addiction

    • Frank Hurley
    • 24 February 2022
    1 Comment

    Gambling is now a core national industry providing significant employment, profit for private providers and revenue for governments. All good but, as with every form of industry, there are ‘externalities’. In the case of the gambling industry, it is the personal and social costs of ‘problem’ or ‘addicted’ gamblers that must be taken into account. 

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  • AUSTRALIA

    If life is not sacred...

    • Andrew Hamilton
    • 06 October 2021
    40 Comments

    Some weeks ago I wrote about the taking of human life and of the loss of its sacred connotations.  I argued that the decisive consideration governing recent legislation in such issues as abortion and assisted dying has been the appeal to individual choice, supported by compassion for people who suffer from their denial. Whether we welcome this trend or regret it, as I do, we all have an interest in asking what effect it will have on society. In this article I would like to explore this question in a way that opens rather than closes conversation.  

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  • ECONOMICS

    GameStopping the system

    • David James
    • 09 February 2021
    5 Comments

    The controversy over the shares of US video game company GameStop has again exposed what has long been obvious: there is something seriously rotten in the state of the world’s financial markets. It was a battle between a hedge fund, Melvin Capital, which manages $US13 billion, and a small group of ‘amateur’ investors who communicated with each other on a Reddit forum called WallStreetBets.

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  • 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.

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  • ARTS AND CULTURE

    Stop bombarding us with military metaphors

    • Andrew Hamilton
    • 26 February 2020
    22 Comments

    One of the most popular, and largely counterproductive, metaphors in public conversation is the military one. It suggests that the project commended is a war in which there is an enemy, a campaign to be begun, forces to be mobilised, a public whose support is to be won, and weapons to be used. They commit us to do whatever it takes to win the war.

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  • AUSTRALIA

    Horse slaughter and the ethics of animal welfare

    • Moira Rayner
    • 21 October 2019
    15 Comments

    When the ABC published footage of cruel treatment of healthy former racehorses in a Qld abattoir, everyone said they were appalled. This revelation has again brought into the public eye the dirty secret about the business of horse breeding and trading, gambling and associated industries. They are vast, and they are important.

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  • AUSTRALIA

    Living in Australia's social credit dystopia

    • Kate Galloway
    • 08 October 2019
    6 Comments

    If government is concerned for citizens' wellbeing, it should properly resource services — drug and alcohol support, parenting support, subsidised childcare, education and so on. Instead, it is generating a system of social credit: rewarding those who toe the line and punishing those whose 'score' falls below that of the 'good citizen'.

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  • MEDIA

    When quitting Twitter isn't an option

    • Neve Mahoney
    • 10 April 2019
    2 Comments

    Social media can cause poor mental health outcomes, and there is evidence that it is designed to be addictive. But given my line of work, deleting my accounts is not something I can realistically do. With many choosing to walk away, what can those of us who stay do to ensure a healthy relationship with these platforms?

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  • ECONOMICS

    Breaking down Hayne's humanistic report

    • R. P. Lim
    • 07 February 2019
    2 Comments

    Hayne's report brings into play ideas surrounding collective humanistic values and goals, and natural law principles based on commonly understood ethics and moral standards. What is striking is how the financial services industry has dehumanised consumers, and those within the industry providing the services at the frontline.

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  • ECONOMICS

    The true lesson of capitalism

    • David James
    • 15 January 2019
    2 Comments

    One of the most basic distinctions in finance, with which any stockbroker or fund manager is familiar, is that between equity and debt. As the global economy teeters on the edge of a debt and banking crisis, with global debt more than 300 per cent of global GDP, the merits of equity is something that needs to be better understood.

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  • AUSTRALIA

    Australian cricket's great betrayal

    • Gillian Bouras
    • 26 March 2018
    11 Comments

    The idea of cheating at sport, of setting such a bad example to the young, was quite simply unthinkable then, but now this cricketing episode, I fear, is a disgrace from which Australian sport may never recover. Something ethical, almost spiritual, has gone, and I am left with an acute sense of loss.

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