The present generation cannot easily speak for people yet to be born whose circumstances we cannot know.

Australia's tax system needs principles that go beyond efficiency, equity and simplicity.

Hayek rejected justice arguments for and against the market. But his reasons do not logically rule out moderating market outcomes.

Some risks are better managed by the private sector. Governments typically bear high costs in admitting failure, yet failures are inevitable in risky ventures.

There is more diversity of opinion among economic liberals than terms like ‘free-market fundamentalism’.

Arguments for taxing alcohol overestimate social costs and ignore personal benefits.

Paul Comrie-Thomson talks to P J O'Rourke about Adam Smith, Finance, Mustang Cars and much else.

The Sub-Prime Solution (Princeton University Press, 2008) and Animal Spirits: How Human Psychology Drives the Economy and Why it Matters for Global Capitalism (Princeton University Press, 2009) by Robert Shiller.

The divided Indigenous intelligentsia is a poor guide to the problems and possibilities of Indigenous Life in Australia.

The Ascent of Money- A Financial History of the World by Niall Ferguson (Penguin, 2008).

The Accidental Guerrilla: Fighting Small Wars in the Midst of a Big One by David Kilcullen (Scribe Publications, 2009).

Don't leave us with the bill: The case against an Australian Bill of Rights edited by Julian Leeser and Ryan Haddrick (Menzies Research Centre, 2009)