Articles from John Quiggin

The US is one big grift these days: the Trump Administration, traditional and social media, corporations, crypto, financial markets are all selling some kind of spurious promise. It’s hard to pick the most egregious example. But for me, it’s hard to go past Tesla. Having lost its dominant position in the electric car market, the company ought to be on the edge of delisting. Instead, its current market capitalisation is $US1.33 trillion ($A 2 trillion).

114 years ago, the guns fell silent on the Western Front, marking a temporary and partial end to the Great War which began in 1914, and has continued, in one form or another, ever since. I once hoped that I would live to see a peaceful world, but that hope has faded away.

Another Monday Message Board. Post comments on any topic. Civil discussion and no coarse language please. Side discussions and idees fixes to the sandpits, please.

As I said last time, Anthony Albanese has succeeded in making Labor the natural party of government in Australia, relegating the rightwing opposition to the role of “B team” and marginalizing the Greens and progressive independents. The cost has been the abandonment of Labor’s historic role as the “party of initiative”, pushing against the conservative “party of resistance”. Indeed, the reverse is now closer to the truth