Freedom quote of the week
“Economic knowledge necessarily leads to liberalism."
— Ludwig von Mises
It was a major player in national politics who once observed 'All politics is local.' That was Tip O'Neill, a former Speaker of the US House of Representatives.
The Greens' backing of Aboriginal self-determination has won it the support of the NSW Aboriginal Land Council, which in an unprecedented move launched an advertising campaign urging Indigenous Australians everywhere to get behind the Greens as a protest vote against 'the assimilationist [is that even a word?] policies' of the Australian Labor Party and the Liberal-National Coalition.
Don't get me wrong: I love receiving letters. However, there was something funny about the open letter of 51 hitherto obscure economists in support of the government's economic policy. My own impression had been that there was hardly any economist in the country who still believed in the old Keynesian model. But then again, it is easy to overlook 51 economists among the thousands in a big country like Australia.