finance
The Ghost of Christmas Future

The Ghost of Christmas Future

In Dickens’ most famous morality tale, the ghost of Christmas future is used to warn Scrooge of the ultimate consequences of not learning from his twisted and broken past.  Those of Dickens’ tales set in Victorian London (including Oliver Twist and Great Expectations)...

Was Pell Set-Up?

Was Pell Set-Up?

In what must amount to the now complete exoneration of Cardinal George Pell, both The Australian and The Times UK are reporting that: A senior Catholic cardinal has been accused of using €700,000 ($1.14m) of Vatican funds to bribe witnesses to secure a sex abuse...

Is Australia heading towards a “Minsky moment”?

Is Australia heading towards a “Minsky moment”?

Hyman Minsky, if he were still alive, would have some interesting observations about Australia in 2020. The late American economist, whose theories experienced a revival following the GFC, was considered post-Keynesian and was critical of much of the deregulation of...

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