Review - Institute of Public Affairs

Review - Institute of Public Affairs is a magazine focusing on Economics

Articles from Vol. 58, No. 4, December

Containers and Their Enemies
Containers and their enemies Chris Berg reviews The Box: How the Shipping Container Made the World Smaller and the World Economy Bigger by Marc Levinson (Princeton University Press, 2006. 392 pages)Strictly, the father of the modern international shipping...
Do We Need More History Summits?
One can only hope that no-one thinks that the holding of the History Summit in August this year addressed all the issues of how history is taught and learnt in Australia.It is important to be clear that the Summit actually had quite a narrow focus. It...
Energy in the Market: The Unfounded Concerns about Privatised Electricity
A dozen years ago, virtually all electricity in Australia was generated in government-owned plants, transmitted along government-owned facilities and marketed by government-owned retailers. The electricity industry comprised seven Statebased utilities,...
From the Editor
Distilling the lesson of the twentieth century into three words: socialism is hard. After rejecting the coordination provided by prices in a market, socialist leaders have to figure out how to move goods from place to place, choose what to produce, who...
From the Executive Director
Terry Eagleton is a professor of English Literature at Manchester University. He is also one of the world's leading exponents of Marxist literary theory. But despite his obvious shortcomings, not everything he writes is completely wrong.In a recent edition...
His Number Was in the Book
His number was in the book Richard Allsop reviews People, Parliament and Politics by Walter by Walter Jona (Tertiary Press, 2006. 228 pages)There has been little reflective writing about State politics in Australia, and so the publication of the memoirs...
Homocons on Traditional Values
Marriage remains an economic bulwark. Single people ... are economically vulnerable, and much more likely to fall into the arms of the welfare state. Furthermore, they call sooner upon public support when they need care - and, indeed, are likelier to...
How Significant Is Online News?
The two opposing cases in the debate over ownership deregulation of the media can be quickly summed up. The first group argues that the case for deregulation is buttressed by the explosion of choice available on the Internet, and the second group counters...
Individuals 1, Social Class 0: How the Seven Up! Series Scored an Own-Goal
You start off making serious documentaries trying to prove that social class pre-determines life. Forty-two years later, you find yourself producing entertaining documentaries that compete at the up-market end of the reality television market. Such could...
It Begins with Feasting
It begins with feasting Andrew Kemp reviews The Pursuit of Happiness: From the Greeks to the Present by Darrin McMahon (Allen Lane, 2006, 560 pages)There are two images that are engrained in the reader's mind after reading The Pursuit of Happiness. One...
It's Still Their ABC
If you listen to a growing chorus of friends of the ABC, you might think that conservatives have hijacked the public broadcaster. Mungo MacCallum warns that the 'new AWB scandal' (read: board appointments Janet Albrechtsen, Keith Windschuttle, Ron Brunton)...
Letters
No 'mistakes' actually mistakes Except-of course-the cane toadDear editor,It is painful to disagree with such an ideologically coherent and visionary, if retrospective, set of 'great Australian mistakes' as those laid out in the October 2006 IPA Review....
OverREACh from the UN and EU: Putting Both Chemicals and Progress at Risk
Just when we thought that the Eurocrats and their allies in the United Nations had got the message that America, Australia and major developing countries were not going to tolerate further attempts to impose global controls-such as the Kyoto Protocol...
Software Design by Competition Law
Europe is providing a steady stream of wrongheaded and counterproductive regulations-good for anecdotes, bad for Europeans.When Windows Vista, the long-awaited successor to Microsoft's operating system Windows XP, is released to the general public on...
Steyn on Civilisation
Steyn on civilisation Jason Briant reviews America Alone: The end of the world as we know It by Mark Steyn (Regnery Publishing, 2006, 224 pages)Mark Steyn has for many years been building a reputation as one of the finest conservative columnists in the...
Strange Times
UPSIZE ME (AND MY BIKE)A large motorbike rider has been put in danger of serious injury by current restrictions on engine sizes for P-plate drivers in Victoria.'He is a tall, big man who is extremely uncomfortable on a small bike. .. He looks like an...
The Long First World War
The long First World War John Roskam reviews The Great War by Les Carlyon (Macmillan Australia, 2006, 880 pages)History is usually about 'what happened next'. Events are important, not only because they happened, but because they lead to something else....
The Myths of Public Science
This fiscal year, the Commonwealth plans to spend $5.9 billion on public science and innovation. That makes up 2.78 per cent of Commonwealth expenditure. Over the past ten years, the Commonwealth has spent almost $48 billion on science and innovation....
The Other Flurry of Media Mergers
The media is big business. Organisations such as Microsoft, Google. Apple and Yahoo! are rapidly manoeuvring themselves into competition with the traditional services. They exist in an unregulated online environment where innovation is rewarded and there...
The Passing of a Legend
In November, freedom lost one of its foremost advocates. Until his passing, Milton Friedman remained committed to the causes he championed. He is best known for his work on monetarism and its adoption by Reagan and Thatcher, but his success stemmed from...
The Rosetta Stone of Development Economics: Economic Freedom and How Much Money You Can Make from It
What is 'Socially Responsible'? In 1970, the late Milton Friedman, the Nobel laureate economist, wrote that 'the social responsibility of business is to increase profits'. In contrast, NGO Oxfam's Website uses 'socially responsible' as an adjective to...
The Tory Party Jumps the Shark
The New York Times has endorsed British Conservative Party leader David Cameron as 'nimble, persuasive, telegenic and popular'.This latest indictment must send shivers down the spines of those looking for some renewal of Britain after the cultural disintegration,...
This Bias: The Left Wing Domination of Year 12 English
'What? 'My student exclaimed in a manner that demanded immediate clarification. While tutoring him in the Year 12 English course (VCE), I had made a comment that inferred the existence of poets who were not of the Left, that is poets who expressed, for...
What Will Happen to the Cod If the Murray River Runs Dry?
The Murray River and its environment have a special place in white Australia's mythology. As a nation we dream of a blue river brimming with water, of tall river red gum forests, fields of golden wheat, and fat, happy sheep. But we fear salt levels rising,...
When Science Fails, Just Use the Precautionary Principle
The precautionary principle has been much in the news lately in connection with climate change.The principle is intended to assist governments and peoples with risk analysis of environmental issues. First formulated at a United Nations environment conference...
Work Safety Too Important to Be Left to Unions
Why is it that debate over work safety laws seems to be caught up in party political point-scoring, rivalry between the States and the federal government, and warfare between unions and employers?Surely the issue is too important for this-at stake is...