Current affairs

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The point is that cap­it­al works — from a new police sta­tion to a new port — deliv­er a flow of ser­vices stretch­ing over 20, 30 or 40 years. Bor­row­ing to cov­er, say, half the cost of the work is a way of shar­ing its cost between the present and future gen­er­a­tions who will bene­fit from its ser­vices.
(full art­icle)

Ross Gittins is a geni­us — this art­icle is prob­ably the best explan­a­tion I’ve seen of why the gov­ern­ment should bor­row to pay for infra­struc­ture.

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Fair­fax Media posts a $380 mil­lion loss, and the SMH online puzzle and cross­word ser­vice is clos­ing from August 31 — maybe it really is time for all of us free­load­ers to, god for­bid, start pay­ing for our news.

25 Aug 2009 | No comments

With Fin­ance Dis­graced, Which Career Will Be King?: A cor­rec­tion for the bet­ter, I would say. It’s fant­ast­ic that invest­ment bankers con­nect people with money to people with ideas, and busi­ness con­sult­ants optim­ise busi­nesses, but ulti­mately someone has to come up with the ideas — and someone has to run the busi­nesses that pro­duces valu­able out­put for there to be busi­nesses to optim­ise.

16 Apr 2009 | No comments

Len­ovo wins $150m NSW schools deal: It’s great to see the NSW gov­ern­ment giv­ing form to the “digit­al revolu­tion” by provid­ing laptops to school­chil­dren, but the dom­in­ance of Microsoft and Adobe soft­ware denies NSW kids the chance to see bey­ond the Win­dows strait­jack­et — and tax­pay­ers more bang for their buck.

16 Apr 2009 | 2 comments

If the SMH can’t get it right, who can?

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Since every­one else seems to be blog­ging about the elec­tion, I might as well jump on the band­wag­on as well.

While I was watch­ing a McCain-Pal­in inter­view on the New York Times web­site, it happened to freeze right at this moment:

If you use your ima­gin­a­tion a little, that’s how McCain might look like if he were to suf­fer a slight mis­hap while driv­ing.

In any case, nointrigue​.com for Obama! For all it’s worth, giv­en I don’t actu­ally have a vote…

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One in 10 Tas­mani­ans racist: So, 46.6% of people in NSW believe that some cul­tur­al or eth­nic groups don’t fit into Aus­trali­an soci­ety. This sort of fig­ure is bound to shake off any naïve belief that Aus­trali­ans have fixed the scourge of racism. I guess, though, it wasn’t alto­geth­er sur­pris­ing giv­en the brouhaha at Cam­den and Bass Hill. What would you do to cre­ate a more tol­er­ant soci­ety?

29 Sep 2008 | 4 comments

Rees’s red-hot razor: I was right. Mr Premi­er says that he’s “pulling back” from the metro, and he’s unwill­ing to com­mit to the pro­ject. But should NSW go ahead any­way? Are the long-term bene­fits worth the large debts that the state will rack up?

10 Sep 2008 | No comments

Flounder­ing in a sea of change: I still con­sider the New York Times to be the pin­nacle of journ­al­ism, but is it flounder­ing because of the col­lapse of the old guard, and “the cost struc­tures and priv­ileges of the old media are being swept away”?

09 Sep 2008 | 1 comment

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