The larrikin image certainly has a place in Australian popular culture, but it should not be allowed to damage our business relations or prospects. Do international managers think of Australia when deciding about business relocations or investment decisions? Or are we just an exotic holiday destination? […]
The liberation of East Germany from decades of totalitarian dictatorship was a blessing. The chance to unite the nation against much domestic resistance is an achievement for which Kohl deserves full credit. But the practical policies initiated by his government have turned a revolution for freedom into an evolution of the welfare state. Despite all the joys over the fall of the Wall, this was a missed opportunity of historic proportions. […]
Immer noch hält sich der Kontinent für großartig und gewichtig in der Welt. Australien hat andere Vorbilder: Das Land ist fast schuldenfrei, modern und vorbildlich in seiner Integrationspolitik. […]
There is a real possibility that some countries have overstretched themselves so much that they cannot service their debt in the near future. It now looks more like a question of ‘when’ rather than ‘if’ that will happen. We are anxiously awaiting the next act of this Greek tragedy. […]
Perhaps it’s time to admit humbly that the best cities usually just happen without anyone making them happen. Cities are organic, evolving and spontaneous institutions; the result of human action and less of human design. Maybe it is this that really makes them great, too. […]
Price increases in any other market are called inflation, but when house prices go up the market is said to be healthy. But house price increases are only shifting wealth from non-owners to owners. Rising houses prices never create wealth. In fact, they make tenants wishing to buy property worse off. […]
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