Debt

You would think that the transformation of the European Union into a transfer union, the extension of the rescue facility for the continent’s fragile currency by a few hundred billion …

The financial crisis has made us remember some half-forgotten truths.

By comparing the different economic conditions of Europe and Australia, it should not be too difficult for Australians to make a choice about economic policy.

The problem with Keynesians like Krugman and Stiglitz is that they are theoretically committed to balanced budgets, but only in the long run.

In many ways, Australia today reminds me of Europe in the first decades of the post-war period.

Just like their Australian cousins, most Britons regard home ownership as a good in itself.

Reach for the salt when politicians start lecturing companies on how to manage their affairs.