Category Archives: Market Economy

Open letter to Australians

It is long over-due that the Australian government stops sabotaging the Australian economy. Mel Silva – Managing Director of Google Australia and New Zealand lets them know. ~*~ We need to let you know about new Government regulation that will … Continue reading

Posted in Free Enterprise, Market Economy, Taxation, Technology & Telco | 62 Comments

Explaining what is wrong with Magic Money Theory [MMT]

This was from Beachcomber in the comments: Hi Steve, I just read a fascinating essay by Peter Smith at Quadrant: Money printing in the age of Covid In the essay it states: In the age of COVID-19, bonds sold to … Continue reading

Posted in Economics and economy, Economics on the left, Market Economy, Politics of the Left | 42 Comments

Rules vs Orders. The wisdom of Hayek and Popper

Popper was probably  following ideas picked up in his correspondence with Hayek when he wrote about the distinction between rules and orders in Chapter 17 of The Open Society and its Enemies . He considered that the institutional method of … Continue reading

Posted in Market Economy, Oppressive government, Rafe, Rule of law | 17 Comments

Missing The Target

CONGRATULATIONS to David Littleproud for what must be – at the very least – a top five entry in the week’s list of dumbest economic thought bubbles. Reacting to news of Wesfarmers’ decision to either close or re-badge as K-Marts … Continue reading

Posted in Economics and economy, Market Economy | 24 Comments

Socialist distancing

Part of a note to members from John Roskam discussing a video the IPA has just been released. We Want To Work is a four-minute video we’ve released at the same time to both IPA Members and the public. It … Continue reading

Posted in COVID-19, Market Economy | 24 Comments

You know what, it can happen here

From How a Police State is Born by Steve McCann. When societies lose their freedom, it is not ordinarily because autocrats or tyrants have forcibly taken it away. It is usually the result of the population willingly surrendering their freedom … Continue reading

Posted in Market Economy, Oppressive government | 15 Comments

Need Is Good

This really is a strange world. At any time in my trading life if someone said, ‘on the same day you’re going to see jobless claims hit 3 million-plus in a week, the stock market will open higher,’ I would … Continue reading

Posted in American politics, Market Economy | 11 Comments

Can’t See The Trees For The Forest

We didn’t require any regs or legislation to toss a few million out of work and destroy all their businesses, but to lop a tree down takes 6 months at council.” – Infidel Tiger

Posted in Australian Story, Market Economy | 35 Comments

An information problem not a supply problem

“I think it’s not even a message, it is the reality, really we in Australia we are very lucky because we have a world class supply chain we have world class producers of food and produce and we really have … Continue reading

Posted in Cryptoeconomics, Economics and economy, Market Economy | 52 Comments

One owner – she only drove it on Sunday. No, not to church.

The Daily Telegraph can reveal that three weeks after putting their broadcast package to the open market, RA has not had a single offer. The lack of formal interest has forced them to extend their period for offers for another … Continue reading

Posted in Market Economy | 55 Comments