29 August 2029
The prime motive behind the green movement is not concern for the environment but anti-capitalism. Every green intellectual and leader is driven by a hatred of capitalism. What the greens give us are humbugs peddling claptrap for the ignorant and the gullible. The utter balderdash produced by Marxist lecturers like Christopher Pollard1, Susie Moloney and Lauren Rickards2 are typical of the anti-capitalist nonsense that permeates the left. (As is par for the course, Australia’s blinkered right has failed to take note of the Australian Greens’ naked loathing for capitalism).
Continue reading If solar and wind power really worked then the demand for electricity would rocket as prices fell
22 August 2022
Professor Quiggin rightly notes that “[s]harp tests of economic theories are rare and hard to find.” Fortunately, for both economics and economic history, Australia’s experience during the Great Depression provides such a test. His observation draws attention to the fact that history is the battlefield on which these economic arguments are either won or lost, or should be. According to the economic orthodoxy to which Quiggin dogmatically clings it would have been utter economic and political folly for any government during the Great Depression to have imposed a policy of running surpluses while cutting money wages and government spending. Yet this is precisely what the Australian government successfully did.
Continue reading Professor Quiggin’s Keynesian creed destroyed by Australia in the Great Depression