Friday, October 15, 2004



It is a capital mistake to theorise before one has data. One begins to twist facts to suit theories, instead of theories to suit facts.
-Sherlock Holmes told Watson

The combined wealth of Australians has topped $5 trillion for the first time, thanks to a house price boom and surging sharemarket We're richer than ever - on the funny sand foundations.
Ironically, who determines what constitutes an essential worker (or plum worker) who cannot afford rents in the suburbs where they are most needed? Superworker (2004)

Invisible Hands & Markets: America Is Undergoing a Creative Brain Drain
As the outsourcing of U.S. jobs continues, America is also experiencing the exodus of many of its most creative business, research, and academic minds to other countries, according to the cover story of the latest issue of Across the Board, The Conference Board’s bimonthly magazine.
Sweden, Finland, the Netherlands, Denmark, and Ireland are among the newly favored hotspots for creative talent in business and other sectors.

America’s Best and Brightest are Leaving … and Taking the Creative Economy With Them [Children of Immigrant Children]
• · The G7 no longer governs the world economy. Does anyone?
• · · If America is richer, why are its families so much less secure? [Citizens for Tax Justice - PDF format Corporate income tax in the Bush years ]
• · · · 400 Richest Amerikans; [All the riches of the east restored How China has become a major player in the world economy ]
• · · · · Russia retreats into repression
• · · · · · Books on crude oil and cruder geopolitics