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Keywords: Gfc

  • ECONOMICS

    Brake failure on the economic freeway

    • Neil Ormerod
    • 26 October 2009

    Even if we understand the intelligiblity of an automobile, we can still drive badly. With the GFC, the argument is not that better theories will ensure everyone behaves properly, but that without a proper economic theory even people of good will cannot work to achieve the good.

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  • ECONOMICS

    Why ignorance, not greed, caused the GFC

    • Neil Ormerod
    • 20 October 2009
    2 Comments

    Sixty years ago, Jesuit Bernard Lonergan developed an analysis of the boom and bust cycles of economy. He often asked, 'Where were the Christian counter-parts of Karl Marx, sitting in the British Museum voraciously reading and relentlessly studying about political economy?'

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  • EUREKA STREET/ READER'S FEAST AWARD

    Money doesn't make babies happy

    • Stephen Wright
    • 30 September 2009
    6 Comments

    We are terrible at caring for the planet because we are terrible at caring for each other. And we are lousy at caring for each other because we don't seem to have any idea of where the roots of human emotional sustenance lie. We might begin to look at our obsessive love of money and power.

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  • ARTS AND CULTURE

    Gloves off for climate crunch

    • John Wicks
    • 18 September 2009
    6 Comments

    Some will be concerned by the black and white treatment of climate change in Tony Kevin's book. There is common ground now to generate significant policy changes with a focus on wellbeing, even while the CO2 debate continues to rage.

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  • RELIGION

    Pope confronts economic injustice

    • Bruce Duncan
    • 10 July 2009
    4 Comments

    The Pope's encyclical on social teaching is not a strident critique of capitalism, but it does confront abuses in the global economy. Benedict is critical of the free market ideology which extolled wealth creation but ignored the need for equity and social justice.

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  • ARTS AND CULTURE

    Lively history of Quaker service

    • Paul Rule
    • 01 May 2009
    3 Comments

    The variety of Quaker service in Aboriginal communities and around the world is extraordinary. In light of the GFC and climate change, the Quakers' emphasis on small-scale food and water security projects will prove prescient.

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  • AUSTRALIA

    Death, despair and global economic fallout

    • Gillian Bouras
    • 27 April 2009
    4 Comments

    Australian Shareholders Association says the BrisConnections 'lifeline' offered by the Macquarie Group won't cover 'the bulk of desperate investors'. Sometimes bad things happen to good people at the mercy of the clever and the greedy.

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  • ECONOMICS

    The crash of the can market

    • Julian Butler
    • 18 February 2009
    6 Comments

    Some of the soup van's clients collect cans to sell to a scrap dealer. The work supplements their welfare income and provides a sense of fulfillment. Since the global market crash business has been slow: 'China doesn't want aluminium now.'

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