The Australian Financial Review published a piece I wrote on the 28th of May, 2015, comparing Australia’s fiscal situation to that of Greece.
How far is Australia from Greece? Pretty far, but, sadly, they’re getting closer every day. Not because the Earth is shrinking, but because the Australian government is very gradually easing into Greek financial methods.
Greece provides a brutal reminder of what happens when governments spend and promise beyond their means, make it harder for workers to find jobs, and stifle wealth-creating enterprise.
Previous Greek governments financed government expenditures and consumption through borrowing, ran up staggering debts, made promises that cannot be fulfilled (known as ‘unfunded liabilities’) and did their best to drive work underground or out of the country. Everything seemed fine until it didn’t.
The full article can be read here, thanks to the Centre for Independent Studies.
I was pleased to be able to spend a month down in Australia, as a Scholar-in-Residence with the Centre for Independent Studies. I was able to give a number of talks to local groups. The following is a video of a lecture on the Morality of Capitalism in Sydney on April 23rd. If you are interested in this topic, then you can read The Morality of Capitalism, which can be purchased here.
Pleased to be able to be speaking on June 16th to a gathering in New York City chiefly concerned with Greece, the Eurozone Crisis, Ukraine and Russia, and the future of Europe and it’s Welfare States. NYC Trendsetters is a project of the Atlas Network, geared towards helping young professionals to have an impact on freedom worldwide.
The Cato Institute hosted a wonderful event entitled “Magna Carta and the Rule of Law Around the World” on June 4th, 2015, which I was pleased to be able to participate in. Roger Pilon, Richard Helmholz, and I participated in a panel called “Magna Carta and the Western Tradition” which was moderated by Ilya Shapiro. Video of the panel can be found in the link above, along with video of a second panel called “The Unsteady Spread of the Rule of Law”.
“Common Sense Economics” an outstanding book in economics, now in bookshops and universities and secondary schools in Thailand!! Thanks to Sirikanya and Sethaput and their colleagues at the Thailand Future Foundation. (I proposed it to Sethaput some time ago and arranged the rights and secured some funding for the translators and they did a gorgeous job!). If you live or work in Thailand and are interested in obtaining it, contact the Thailand Future Foundation!
In this video of the 3rd Annual Australian Libertarian Society’s Friedman Conference in Sydney, I was able to discuss the topic of “State Control or Self-Control?” It was a pleasure to be able to address the lively audience. I am enjoying Australia and the hospitality of its people immensely.
Late last year, I was privileged to be able to a talk at the Sixth Annual Mises Celebration Dinner hosted in San Jose. Video of my talk has just recent become available and I wanted to post it here, mostly because it is a high quality video and an important topic: Mises and the 25th Anniversary of the Fall of the Berlin Wall.