Tag Archives: crony capitalism

Crony capitalism, lobbyists and markets.

In the AFR today, John Kehoe writes about the power of lobbyists and crony capitalists who are killing faith in markets. He refers particularly to the US where ‘crony capitalism’ is sapping vitality out of the US economy. He adds … Continue reading

Posted in Economy, Politics | Tagged , , , , | Comments Off on Crony capitalism, lobbyists and markets.

John Menadue. For some the age of entitlement continues.

Joe Hockey talks endlessly that the days of entitlement are over. They may be over for the unemployed, students, the sick and pensioners – in fact the majority never had days of entitlement. But they are certainly not over for … Continue reading

Posted in Economy, Politics | Tagged , , , , | Comments Off on John Menadue. For some the age of entitlement continues.

Ian McAuley- Picketty and the gap between rich and poor. Inequality of wealth is the problem rather than the inequality of income.

The Observer/Guardian carried a recent story/review about Thomas Picketty’s address to the Institute of New Economic Thinking in Toronto. The story was headed “Capitalism simply isn’t working and here are the reasons why” The story draws also  on a recently … Continue reading

Posted in Economy, Politics | Tagged , , , , , | Comments Off on Ian McAuley- Picketty and the gap between rich and poor. Inequality of wealth is the problem rather than the inequality of income.