Media Dragon: Sacks of Social Justice Issues: Only corporate democratisation can stop the growing polarisation of pay

Speaking of social justice, "it is astonishing to reflect that with Johno Johnston's passing another cedar has fallen where there was once a forest. His death reveals a great and multi-faceted mass of interests and passions...

I voted for Trump and I sorely regret it ... (Via NY Before Children)

Trump memoir ghostwriter predicts US leader will resign

Trump is 'about to resign'

TONY Schwartz, the co-author on Donald Trump's infamous 1987 book The Art of the Deal, has said he believes Trump will soon resign from his position as President ...

Chevron settles $1bn tax evasion dispute

Divide and rule? Gap grows between Sydney's haves and have-lesses

'We won't need train and bus drivers': Transport Minister's prediction - The Sydney Morning Herald

Wells Fargo chairman, two directors to step down amid continuing fallout from sham accounts scandal LA Times. They scuttle away, sacks of loot over their shoulders….

Ilargi: Negative Interest Rates – Rogoff Cribs from Orwell and Kafka

The war on cash, to enable central banks to implement negative interest rates on ordinary citizens, continues

The Case for Regulating Before Harms Occur The Regulatory Review

AN ATO officer has warned that scrapping work-related deductions in favour of a blanket $1000 allowance would be like “detonating a nuclear device over North Korea”.

The issue of what to do about the country’s $22 billion annual work deductions bill was debated at conference hosted by the Tax Institute on Wednesday, Finder.com.au reported.

Arguments in favour of moving to a flat deduction system included the growing complexity, cost of administering the system and investigating false claims.

Speaking against the change was Australian Taxation Office lawyer Ram Pandey, who said it would be “the equivalent of detonating a nuclear device over North Korea”. “Not a good option,” Mr Pandey was quoted as saying.

'You're going to create unintended consequences'

Smart observations about the future

Being a futurist in a fast-moving digital age can be tricky, so Gerd Leonhard doesn’t do predictions – he makes smart observations. Read more

Grenfell Tower inquiry accused of ‘whitewash’ for ignoring social housing policy International Business Times

Jared Kushner’s company screws Brooklyn tenants out of rent-stabilized leases, suit says NY Daily News

The Social Mobility Lie Stumbling and Mumbling

Broken Real-World Economics Review Blog

Where the robots are Axios

Nothing like this has happened in 323 years Martin Wolf, FT. Handy chart.

The Prime Minister's public service department was riven by internal tension, hostility and mistrust after the hasty changes ordered by the Abbott government, a new academic study has found
Public servants at the Department of the Prime Minister and Cabinet treated new colleagues with "elitism and dominance" after the "politically driven", massive and rapid expansion of the department in 2013, insiders say.

New DTA chief welcomes push for tech wreck probe