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Daniel Mendelsohn lectures in classics at Bard College, a liberal arts institution in New York State. His retired father, aged 81 in 2011, regrets gaps in his own education, and asks to sit in on his son’s course of seminars on Homer’s The Odyssey. Professor Mendelsohn agrees, and Jay Mendelsohn joins a class of 18-19 year-olds. Later, father and son go on a cruise that retraces The Odyssey where they discover: is home a physical place, or something you carry around with you or within you?
The ‘Land Rights Now’ banner is hoisted against the wind, and the marchers set off for the Embassy. A young Aboriginal woman walks ahead of the banner. She has dyed her hair red. She turns and leans into the wind to face the marchers, holding a megaphone to her mouth. ‘What do we want?’ she shouts, ‘When do we want it?’ And she keeps going, exhorting the marchers. We reply ‘Land Rights … Now!’ The crowd tires before she does.
In some ways this habit of association of ordinary personal life with the epic figures of literature or history marks a return to childhood. In it admired figures have a mythical status. I used to imagine that if, in my hand I had a Don Bradman bat, on my cap a Neil Harvey badge, or Mopsy Fraser’s number on my back, their skills would become mine. They never seemed to.
Monetary authorities are caught in an impossible situation. Inflation is rising: it is over 5 per cent in Australia and over 9 per cent in the United States. Inflation is often seen as a way out of excessive debt because it erodes the real value of money and therefore the real value of the debt. But what is increasingly being discussed are ways to cancel the debt.
It’s been growing like a refrain, like a consensus, these past few months. Almost everyone I talk to tells the same story of feeling overwhelmed, of not quite coping – or nowhere near coping. They’re tired, and everything just feels a bit harder than it should, like the treadmill’s accidentally been set to an incline.
Eureka Street Plus is a place where respectful in-depth public conversation can take place in the grey area between polarities; a place to air differing perspectives, thoughts and concerns without fear of reprisals. It’s about making space to further enable the productive conversations necessary for an engaged, functioning society.
The question that should be posed is how effective has the Reserve Bank been at ‘managing’ the economy and financial system? ‘Not very’, has to be the answer. Not that the RBA is alone. The same pattern has been seen across the developed world. Central banks have one weapon at their disposal, the cost of money (the interest rate), and there is not much evidence they have used this tool to make their systems sustainable. Mostly, they have made matters worse.
Most of us, when pushed, can name a couple of teachers who had a profound influence on our lives. For me, Brian Matthews was one such teacher. I enrolled in English at Flinders University in 1972. On asking the enrolling officer whether anybody was ‘doing anything about Lawson’, I was directed to the office of Brian Matthews, a recent appointment to the English Department. ‘I hear you know something about Lawson,’ I said, leaning in his doorway.
Brian Matthews, academic, award-winning columnist and biographer, and Australia's foremost scholar on Henry Lawson and his mother Louisa, died last Thursday 2 June following complications related to lymphoma, at the age of 86. Brian first wrote for Eureka Street in February, 2002 and continued to contribute his monthly column for 20 years.
In his initial speech as leader of the Liberal Party Peter Dutton committed himself to care for the forgotten voters, echoing a foundation document of the Liberal Party: Robert Menzies’ speech after an electoral defeat in 1942 refers to forgotten people to point the way forward for the new party. The phrase was central to a re-imagining of Australian society.
At a time when a second baby meant my own choices were fading into the background, I thought a lot about Nora and her life-jumping. What if I’d had kids later? What if I’d finished that degree? What if I’d taken that job? What if, what if, what if… The multiverse casts a web of different lives, all endlessly diverging like branches from a tree.
As commodity prices and inflation soar in the ‘real’ world we may be witnessing a prelude to another 2008-style crisis triggered by the foreign exchange markets. The risks certainly look similar and can be described with a simple question. Can the fictions produced by out-of-control financial actors survive reality?
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