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Posts Tagged ‘neo-liberalism’

Ruddonomics: the “crisis”

February 21, 2010 1 comment

In his infamous Monthly essay “The Global Financial Crisis“, Andrew Charlton Kevin Rudd uses the word “crisis” 14 times within three paragraphs. Scary stuff.

But my complaint about the essay is not the fear-mongering. That’s fairly standard in politics. My complaint is that Rudd simply gets the economics wrong, time and time again, starting with the second paragraph reference to “fundamentalism”.

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What is “reform”?

February 18, 2010 Comments off

Apparently, “reform” is a good thing. Commentators tell us that Australia went through some important economic reforms in the 1980s & 90s which helped Australia achieve stable and high economic growth. And sometimes we are told that we need another “round of reform”. The government insists that they want to give us more reform. And lots of lobby groups insist that they want to see a “third wave of reform“.

So it looks like we all agree.

Not quite.

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