Category: Economics

‘Chalming’ no one: Labor romances communism

By Alan Moran

Jim Chalmers is proving to be the most iconoclastic Treasurer since the Whitlam government’s Jim Cairns, a man who only joined the Labor Party after his application to join the Communist Party was rejected. Cairns spearheaded a previous assault on conventional capitalist economic theory and, like Chalmers, sought to borrow, spend, and regulate the nation into prosperity with fairness. Both Chalmers and Cairns came into politics with doctorates in economic history – that of Chalmers was a hagiography of Paul Keating, whose policies he now wants to reverse.

Read the full article at the Spectator: https://www.spectator.com.au/2023/01/chalming-no-one-labor-romances-communism/

Lessons from the West German Economic Miracle

After WWII Germany was devastated, its factories and infrastructure destroyed. A brilliant leader, Ludwig Erhard, seized an opportunity and literally overnight reformed the tax system to allow individual motivation to work its magic – the West German economic miracle resulted.

Read the extract from Understanding Personal and Economic Liberty by Ronald Kitching: https://saltbushclub.com/wp-content/uploads/2020/04/west-german-reform.pdf [PDF, 172 KB (the beginning of the first page is deliberately blank)].

Available from https://www.copyright.net.au/1/home/understanding-personal-and-economic-freedom.

The Virus Slowdown was Successful – but the Depressed Patient Died in Poverty

By Viv Forbes

In their frantic attempts to delay the spread of the Wuhan virus, governments are sowing the seeds of economic depression and currency destruction, which will blight Australian lives for a generation. They are adding financial stress to the medical stress.

The ordinary flu virus kills many people every winter despite vaccines. And both viruses are more lethal for the old and the sick.

We do not close the whole country every flu season but this year’s crisis is being exploited by scare mongers, centralists and globalists whose slogan is “never let a decent crisis go to waste”. Continue reading “The Virus Slowdown was Successful – but the Depressed Patient Died in Poverty”

New Investments Outlive Confetti Money

By Viv Forbes

Governments seek to revive “the economy” by scattering gifts of our own money wrapped in red tape. This encourages immediate consumption. But this stimulation stops dead when the money tap is turned off.

Three simple measures from the three levels of government will create more long term jobs than discriminatory and complicated political handouts that have no lasting effect. Continue reading “New Investments Outlive Confetti Money”