Monday, July 19, 2004



Subsidising speculative investments
The top 5 per cent of income earners have received half the benefit of the Government's capital gains tax cuts,
which also helped push house prices beyond the reach of first-time buyers
How the right to destroy property has implications for a broad range of legal issues: Rational people discard old clothes, furniture, albums and unsent letters every day

Invisible Hands & Markets: Harry Potter, Market Wiz: Is Pulling Rank A Social Injustice?
When a power-hungry boss, an overzealous coach, or a powerful politician uses his perceived authority to slap down an underling, most people would label the guy a jerk, a bully, or worse.
But Robert Fuller is taking it one step further, accusing such types of rankism, a serious social injustice which points up the need for society to begin tearing down traditional structures of rank, or at least to demand better treatment from those in authority. Fuller, a prominent physicist and past president of Oberlin College, is proposing some controversial societal changes to combat rankism, including the abolition of university tenure.

The Order of Rankism: you shouldn't trust any rankism [With Hermonione, Ron and the usual suspects, the young wizard fights passionately against the politicians' ambition to control his school: Too bad that young students, in the real world, aren't fighting the same battle ]
• · Why the Invisible Business Cycle Happens Groping for an explanation for the cycle [Only a country that could produce the Invisible BlackSmith Hand and Yes Minister Could Produce a Report on the Worst Intelligence stuff up in history and say Nobody is to blame...]
• · · Terror in the Skies, Again? What does it have to do with finances? Nothing, and everything ((TERROR IN THE SKIES (CONTINUED)
At least the basic story is true
• · · · 40 Richest Australians, Ach, Rupert Murdoch: Australia's 40 most influential people of 2004
• · · · · Prince of tax avoidance is making trouble again. Michael Badnarik, a dark horse on the third ballot
• · · · · · Thomas Frank: on the FMA and how success comes by losing ((All magic aside, a striking aspect of the Harry Potter books is just how completely normal and bourgeois are all the settings and experiences of the characters ))
Drawn into a magical universe of flying cars, spells that make its victims spew slugs, trees that give blows, books that bite, elf servants, portraits that argue and dragons with pointed tails...