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Tag Archives: Samuel
Too big to jail
The Global Financial Crisis, in my view, was caused by a combination of a few factors. First, complacency – a long period of relatively stable macroeconomic conditions in advanced economies led investors, regulators and others to underestimate low probability but high … Continue reading
Training our new taxi drivers
http://youtu.be/bO5bL77e0Rs One way in which Ted Baillieu could improve Melbourne taxi services is to make use of these new drivers
He’s our misogynist
The ALP can’t help itself. Rather than distancing themselves from the admitted misogynist Peter Slipper, they come rushing to his defence just because it is another way to attack Tony Abbott. As I understand it, Ashby’s case is on appeal – there … Continue reading
Millennium Development Goals
The eight MDGs were agreed in 2000. They are: 1. Eradicating extreme poverty and hunger, 2. Achieving universal primary education, 3. Promoting gender equality and empowering women, 4. Reducing child mortality rates, 5. Improving maternal health, 6. Combating HIV/AIDS, malaria, … Continue reading
Principal-agent problem
Despite the apparent growth in corporate and public governance over the past 20 years, agents are acting ever less in the interests of their principals than in the past. In the corporate sector, the extent of rent seeking and corporate welfare … Continue reading
CO2 mask
This video tells it all. It shows the IQ of many of those attending the Qatar climate change conference. Not only did seemingly senior representatives express a willingness to wear the ugly and uncomfortable masks, but it is physically impossible … Continue reading
End of the world: 21 December 2012
Apparently the Vogon Constructor Fleet will be removing the earth on 21 December to make way for an intergalactic highway construction project. All I can say, Don’t Panic What are your plans for the last two weeks?
Return your Christmas presents – quick!
The Prime Minister has just issued a press release to ‘strengthen’ Australia’s anti-dumping regime. Yes, protectionism is the new black. Once again the Government has relied on a report from its favoured protectionist adviser, John Brumby (isn’t there something unethical … Continue reading
A dodgy deal?
Most Cat readers would agree that Government-subsidised export credit organisations (such as Australia’s Export Finance Insurance Corporation – EFIC) should be abolished. They are a means of transferring wads of taxpayers’ money to special interests/rent seekers behind the back door. The … Continue reading
International Century of Small and Effective Government
At long last, the United Nations has decided to dedicate a Century to Small and Effective Government. Apparently the strong evidence concerning the risk of global warming being caused by the United Nations was the key factor behind the resolution. … Continue reading