Business Spectator

Setting a European time bomb

Europe has arrived at the crossroads. It can either go down the path to full-blown fiscal union – and the ECB is clearly ready for it. Or, preferably, it must end the Euro experiment now before any further damage is done. The Germans should leave the fringe countries with the carcass of the Euro – and reintroduce the Deutschmark. It’s the only chance to avert an even greater European debt disaster further down the track.

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Ideas@TheCentre

Curing insanity with madness

The decline of manufacturing in Britain is a serious issue that has been encouraged by government intervention. To use another government intervention to reverse this development is trying to cure insanity with madness.

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Business Spectator

Hitting pause on the eurozone crisis

After a decade of experience with European monetary union in practice, Sarrazin is sceptical about its future. “All attempts to legislate for fiscal stability, limited debts and no-bailout rules have not proved watertight. As it looks now, Europe is on a slippery slope towards becoming a full-blown transfer union,” he said. For someone who has first-hand experience in creating such a permanent transfer mechanism within a country, this must be a frightening prospect.

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Uncategorised

Selection, migration and integration

Of all the probable results of Australia’s inevitable population growth the social impacts of migration are probably the most controversial. This is unsurprising. Migration can change the face of a country and alter the social and
ethnic composition of entire cities or individual neighbourhoods.

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Ideas@TheCentre

Stepping in for the PM

On Monday, The Centre for Independent Studies did something that the Australian government did not deem necessary: We provided a very warm welcome to Vaclav Klaus, the President of the Czech Republic.

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Uncategorised

Dollars must flow if numbers to grow

Debate about Australia’s population is framed with national aggregates and ignores how local governments deal with increased population. Part of the reason Australians are averse to more people is because local councils are ill equipped to absorb them and many are forcing residents to pay for them.

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Business Spectator

European fabric frayed at the edges

Amid the noise of the euro rescue summit last week, one important announcement received very little attention. This is surprising since it was a strategic message from Europe’s only real tiger economy, which grew by more than 8 per cent last year, and has a population of more than 73 million people. It was an announcement from the Turkish prime minister, Recep Tayyip Erdoğan.

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Ideas@TheCentre

No free speech free zones

Open societies need a free exchange of ideas, however unpleasant and offensive they may be to some. Freedom of speech is empty and meaningless if you may only say what other people like to hear.

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Uncategorised

Growing anger in local government

Population growth has been one of the major political debates during the past two years. However (and despite all the federal noise around population growth) Canberra is not the place where the debate belongs.

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