FET (old posts)

Image credit: WNYC A Universal Basic Income is a wolf in sheep’s clothing. Even Australia’s opposition party has rejected the polic...

Australian banks  are upset.  Their $30 billion per year gravy train of profits from the Australian people is finally being slowed down. ...

After reading today about how home buyers need to save over $500 per month for 10 years for a deposit in NSW and Victoria, I thought I wo...

What if the rules about lending for housing investment limited the size of a loan to an amount based on the rental income of the property ra...

My new book with Prof. Paul Frijters about the grey corruption Game in Australia has been officially released today. It explains how th...

On Friday 28th April I am appearing and Queensland’s Crime and Corruption Commission’s Operation Belcarra as an expert witness on relations...

Key Points In asset trading markets prices are set through buyer competition It takes only one extra buyer to bid up the price at an aucti...

Standard economic theory says that firms maximise profits, or revenue minus costs. I had always taken this to be a self-evident truth given ...

Prosper Australia has for years been conducting research into how many of Australia’s 9.8 million homes are left vacant. Their major findi...

The below presentation by Dr Ole Peters opened my mind. If there was one thing I believed was reasonable about economics, it was the assumpt...