WHY PEOPLE EMBRACE SOCIALISM, PART 568 – Out of ignorance of some important facts: An overwhelming majority—95 percent—of Americans are confused about the state of global poverty. A survey from …

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PEW MAKES A STARTLING DISCOVERY ABOUT POPULISM – What would we do without polling organisations? Nationalist populism has become a major force in European politics. But while such populism has …

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$247,000,000,000,000 – Robert Samuelson at the WaPo: The untold story of the world economy — so far at least — is the potentially explosive interaction between the spreading trade war …

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THE GREAT RETIREMENT ROBBERY – The golden years will be nicer for some than for the majority: For two decades the superannuation industry has extracted more than $700 billion in …

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FROM CHINA WITH LOVE – This is very disturbing: A NSW Labor MP has come under fire over an extraordinary speech promoting China which an academic claims is “propaganda from …

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WHY THINGS ARE EXPENSIVE – Well, some of them, at least. Education and health care in particular. Two graphs, the first one from “The Atlantic”, the second one from the …

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LIGHTS DON’T LIE – Lies, damned lies, statistics, and authoritarian statistics: China, Russia and other authoritarian countries inflate their official GDP figures by anywhere from 15 to 30 percent in …

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UP TO OUR EYEBALLS – The best Treasurer Australia has ever had is depressed: Former treasurer Peter Costello thinks he’ll be dead and buried by the time the federal government …

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“THE WORLD IS FINALLY READY FOR MARXISM” – On Karl Marx’s 200th birthday, “The Independent” discovers why Marxism has not worked before – it was too early. Here is one …

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HILLARY VERSUS SOCIALISTS – What would Karl Marx (unhappy 200th birthday for Saturday, Karl) think of a political party that represents both the plutocracy and the workers? Hillary Clinton claimed …

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WHAT’S A TRILLION BETWEEN FRIENDS? – I’m old enough to remember when the United States government debt was “just” one trillion dollars. Now we are entering an era of one …

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ASSEMBLED IN CHINA – Your interesting longish read of the day is an extract from a new book, “China’s Great Wall of Debt” by Dinny McMahon: While hundreds of thousands of people …

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GO CIOBO GO – It’s good to know that in the world of increasingly tempted by protectionism, free trade still has its fans: Australia should start negotiating a free-trade agreement with …

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