Wednesday , 14 January 2026

Recent Posts

Is Australia’s luck running out ?

Australia’s record of 26 years without a recession flatters to deceive. The gaudy numbers mask serious flaws in the country’s economic model. First and most obviously, the Australian economy is still far too dependent on “houses and holes.” During part of the typical business cycle, national income and prosperity are driven by exports of commodities—primarily iron ore, liquefied natural gas …

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Facebook’s season of atonement is here

Saturday was Yom Kippur, the Jewish Day of Atonement. Facebook CEO Mark Zuckerberg marked the occasion with a remarkably contrite post to his followers: “For those I hurt this year, I ask forgiveness and I will try to be better. For the ways my work was used to divide people rather than bring us together, I ask forgiveness and I …

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Senator endorses Intel on Russian meddling

Leaving aside the bloviating protests of President Donald Trump, there are two ways to understand Russia’s influence campaign against the 2016 election. The first is obvious. The Russians tried to elect Trump. You don’t need access to top-secret US government documents to reach this conclusion. It happened in real time. Russians hacked the emails of leading Democrats and distributed them …

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