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A Separate and Equal Station: The Founders’ Case Against American Hegemony

 — Organisation: The Claremont Institute — 

If George Washington and John Quincy Adams were in the Oval Office advising President Trump on whether to go to war with Iran, what would they have said? They would likely have argued that any American war in the Middle East—whether in Iraq, Afghanistan, Syria, or Iran, or in partnership with any ally that commits American money, armaments, or troops—is pure folly.

Both in theory and practice, early American political leaders unequivocally rejected the claim that America was an empire or world hegemon like those established by Alexander the Great, Imperial Rome, the Mongols, or Napoleon. Instead, America was a new kind of regime unseen in world history: a republican empire of liberty, limited in constitutional scope and political geography but unlimited in the power of her political spirit and her example to the world.

Equal Nations

The Preamble of the Declaration of Independence includes a curious phrase often overlooked by commentators: “and to assume among the powers of the earth, the separate and equal station to which the Laws of Nature and of Nature’s God entitle them.” What did the founders mean by a “separate and equal station,” and what does this phrase tell us about their conception of America’s political regime?

New Leader, Same NDP? 

 — Publication: Perspectives Journal — 

New Democratic Party members selected Avi Lewis as the new party leader, with a majority of votes on the first-round ballot. Now, the complex task of rebuilding the movement continues. With a House of Commons NDP caucus of 5 MPs as of the time of writing, Lewis and his new team will need to continue the organizing that took place during the leadership campaign, uniting over 100,000 existing and new party members that participated in voting for a new party leader.

The 2026 NDP Convention and leadership vote, held in Winnipeg, Manitoba from March 27 to 29, also saw the election of a new party executive; some have already voiced concern about the lack of equity among the new executive team. I would like to see Lewis’ leadership team and the new federal executive act swiftly and take a different approach from the previous leadership, to ensure equity is at the forefront of the party in all aspects from governance. This means strengthening Electoral District Association (EDA) organizing, as promised during Lewis’ campaign. It also means stronger equity and earlier candidate searches, as well as turning NDP equity values into effective, intersectional, and tangible policy proposals.

The American Mind Podcast: The Roundtable Episode 315

 — Organisation: The Claremont Institute — 

The American Mind’s ‘Editorial Roundtable’ podcast is a weekly conversation with Ryan Williams, Spencer Klavan, and Mike Sabo devoted to uncovering the ideas and principles that drive American political life. Stream here or download from your favorite podcast host.

The Piker Pill | The Roundtable Ep. 315

Greens leader Larissa Waters on the housing crisis, gas exports & taxing the 1%

 — Organisation: The Australia Institute — 

On this episode of Follow the Money, Senator Larissa Waters, leader of the Australian Greens, joins Ebony Bennett to discuss the causes of Australia’s housing crisis, making gas exporters pay their fair share, and the Greens’ new ‘tax the 1%’ campaign.

The latest Vantage Point essay, Rich Kid Poor Kid: The Battle for Public Education by Jane Caro, is available now for $19.95. Use the code ‘PODVP’ at checkout to get free shipping.

Guest: Larissa Waters, Australian Greens leader and Senator for Queensland // @larissawaters

Host: Ebony Bennett, Deputy Director, the Australia Institute // @ebonybennett

Show notes:

The case for a gas export tax, explained by Richard Denniss, The Point (March 2026)

America’s War in the Americas

 — Organisation: The Claremont Institute — 

The footage was grainy and imprecise, the black-and-white nighttime combat visuals to which Americans have become accustomed over the past generation. Still there they were: American aircraft and American soldiers in action, another strike in defense of a nation at war. Yet this combat operation was not part of the American war with Iran, then only four days old: the announcement on March 3, followed by another on March 6, concerned American forces in Ecuador.

With the cooperation of Ecuadorian authorities, the United States attacked narco-terrorists who were reportedly a splinter faction of FARC, a guerrilla force that once sought leftist revolution in Colombia. Now having devolved into a cartel with socialist characteristics, its successors find themselves on the receiving end of American violence. The two military actions received relatively little attention in U.S. media: an air-assault infantry raid in the Andean region isn’t as telegenic as B-2s flying over Isfahan. But they just might be as portentous.

Report – Essential Homes: Why renting is an essential service

 — Organisation: Everybody's Home — 

For millions of people, renting is how they access a home. Everyone should be able to live in a home that is stable, affordable and safe — and to trust that the system will treat them fairly.

But while housing is as essential to our society as water, healthcare and energy, governments have largely failed to regulate renting that way. That has left too many renters exposed to insecurity, rising costs and poor conditions.

A new report from Anika Legal, Better Renting and the Consumer Policy Research Centre, Essential Homes, shows strong public support for a different approach:

  • 83% say renting is an essential service
  • 77% say a generation of renters may never be able to afford a home
  • 73% want governments to reform the rental system so it works fairly for renters

The report sets out a practical vision for renting built around stability, affordability, comfort and accountability — and the reforms needed to get there. It’s time to treat renting like the essential service it is.

Read the full report.

‘Not the right time’? Why Albanese’s safety first is no longer enough

 — Organisation: The Australia Institute — 

In 2014, Noel Pearson delivered an eulogy for Gough Whitlam. Professor Tom Clark wrote about it for The Conversation and said “Pearson came to praise Caesar on Wednesday, certainly not to bury him” as he listed the achievements of one of Australia’s greatest reformers.

Pearson said he was speaking to “this old man’s legacy with no partisan brief” but named the Racial Discrimination Act as one of the most important acts of Whitlam’s prime ministership, saying “without this old man the land and human rights of our people would never have seen the light of day”.

“Only those who have known discrimination truly know its evil,” Pearson said on that day.

He later described the Whitlam government as the “textbook case of reform trumping management”.

It’s time for Australia’s super-rich to pay their fair share

 — Organisation: The Australia Institute — 

Prices for groceries, rent, insurance, gas bills are up and the cost of petrol is through the roof, and wages aren’t keeping up with rising prices. While many Australians are finding it harder to make ends meet, there has been an explosion in the wealth of the super-rich. Australia taxes wealth very lightly, it’s time that changed.

“Billionaires have the lowest effective tax rate of all social groups everywhere”, according to French economist Gabriel Zucman.

“There is a legitimate debate to have about the proper degree of tax progressivity … But nobody should accept a situation where the super-rich can pay less than the middle class. It’s a basic violation of the fundamental principle of equality before the law, which stands at the heart of our social contract.”

Taxing wealth fairly is not just important for the economy, it’s important for our democracy. As the federal budget approaches, we’re about to hear a lot about what Australia ‘can’t afford’. We can’t afford for so many people to access the National Disability Insurance Scheme, for example. We ‘can’t afford’ to increase the unemployment benefit above the poverty line. But somehow we can afford $368 billion for nuclear submarines we may never receive, and we can afford to give away half of our liquid natural gas royalty-free.

Where Has Social Media Gone?

 — Author: danah boyd — 
Where Has Social Media Gone?

tl;dr: Read "Social Media Is Now Parasocial Media"

The lovely folks at the Social Media + Society journal asked me to contribute to their anniversary issue by reflecting on the trajectory of social media. Ooof. Snark exuded from my pores as I tried to figure out what I might say. But then I thought about how my students don't know about an era of social media without recommended content, algorithmically curated feeds, and an infinite scroll of cotton candy content. They never encountered a world of social media where people were focused on sharing with their friends rather than becoming influencers. They don't realize how much the "social" in social media has changed.

Suturing Solidarity

 — Publication: Perspectives Journal — 

The 2024 People’s Circle for Palestine protest encampment at the University of Toronto is best understood in terms of “contradiction” as the tensions and struggles which make political life. Over its two-month duration, it was neither a unified expression of solidarity nor reducible to a narrative of institutional repression, but a shifting field of forces in which insurgent organizing and institutional authority converged. What emerged from the People’s Circle was a political formation shaped by the interaction of these opposing forces, each delimiting what could be sustained.

A Better Novel, a Sharper Satire

 — Organisation: The Claremont Institute — 

Lionel Shriver’s 2003 novel-turned-movie We Need to Talk About Kevin was a major prize-winner, a bestseller, and a hit, especially among liberals. Perhaps this is unsurprising, as it dealt with two of their favorite subjects: school shootings and mental health. However, her latest work of fiction, A Better Life, is guaranteed to be received less warmly on the Left, if it’s acknowledged at all.

The central figure in A Better Life is Gloria Bonaventura, an archetypal liberal white woman whom conservatives and independents know all too well. While many New Yorkers at least bristled at their city’s 2022 “migrant crisis,” in which billions were spent on hotel housing alone, Gloria splashily ramps up her do-gooder bona fides. The Brooklyn resident and mother of three adult children sets up a clothing drive for “our newest New Yorkers,” then pushes supermarkets to install donation bins for “culturally appropriate” food, a new program called “Big Apple, Big Hearts” that lets her reach new heights in conspicuous charity. Gloria also brings a highly questionable asylum-seeker into her large home to live with her and her Gen Z son, Nico. For Gloria, young Martiné of Honduras becomes the perfect vehicle, in the words of Nico’s woke sister, to “assure her that she’s making the world a better place.”

Kash Patel and the Libel Standard That Protects No One

 — Organisation: The Claremont Institute — 

Earlier this month, The Atlantic published a hit piece on FBI Director Kash Patel, accusing him of frequently drinking to excess and often being absent from work and unreachable by colleagues in the administration. Reporter Sarah Fitzpatrick’s article claims that Patel’s deficiencies are a threat to national security given the essential role the FBI director has in protecting the country from grave threats.

Patel responded by suing The Atlantic and Fitzpatrick for defamation. His lawyers argued that the article’s claims are false and accused The Atlantic of behaving irresponsibly by publishing them. The lawsuit alleges that, among other things, the magazine did not give Patel sufficient time to respond to the allegations before publication, and that the article did not adequately convey the denials and counterevidence that Patel and his supporters had provided.

What are we to make of all this?

Patel certainly has something to complain about. The Atlantic presents the claims of his alleged drunkenness and absenteeism as facts, not as mere speculation. And, as his filing notes, such factual claims certainly amount to libel per se. That is, they are claims that are prima facie injurious to reputation without the need to consult their context.

Marsha Blackburn Returns to the Same Old Playbook

 — Author: Betsy Phillips — 
The senator — who is running for governor — recently proclaimed that 'radical leftists and their policies are not welcome in Tennessee'

Organizing Solidarity in Rural Canada

 — Publication: Perspectives Journal — 

On August 27th, 2025, about 50 activists gathered at City Hall in Terrace, British Columbia, a rural community of 12,000. From City Hall, they marched to Skeena—Bulkley Valley MP Ellis Ross’ constituency office where they delivered a letter demanding an arms embargo against Israel. The protestors marched from there to a nearby park, where they gathered to hear community members speak about the horrors of Israel’s genocide in Palestine, Canada’s involvement in these crimes, and how ordinary Canadians can build power and fight to win a different world.

UNREDACTED

 — Publication: Progress in Political Economy — 

Ferret around in the National Archives of Australia and you can turn up NAA A6119, 2749 and 3044, digitised redacted versions of Volumes 1 and 2 of data compiled by the Australian Security Intelligence Organisation (ASIO) between 1967 and 1971 regarding Rowan John Cahill. The online presence is due to researchers long ago who sought the data under access regulations of the time. Subsequent Volumes remain in the care of ASIO.

Correspondents’ dinner attacked, MAGA confronts midterms

 — Organisation: The Australia Institute — 

On this episode of After America, Dr Emma Shortis reflects on yet another appalling yet unsurprising act of political violence in the United States, before Mother Jones journalist James West joins the show to discuss the midterm elections and whether real fractures are emerging in the MAGAverse.

This episode was recorded on Thursday 23 April Australian time.

The latest Vantage Point essay, Rich Kid Poor Kid: The Battle for Public Education by Jane Caro, is available now for $19.95. Use the code ‘PODVP’ at checkout to get free shipping.

Guest: James West, Executive Editor, Mother Jones // @jamespwest

Host: Emma Shortis, Director, International & Security Affairs, the Australia Institute // @emmashortis

Show notes:

Shorter America: Madman theory, continued; Deeper derangement; International solidarity by Emma Shortis, The Point (April 2026)

Inspiration

 — Author: Heidi Li Feldman — 
Inspiration

In his latest newsletter, Jamison Foser writes beautifully and compellingly about Bruce Springsteen, the USA, politics, and we the people. There is much to learn from Foster’s piece, especially about culture, true patriotism, and collective action.

I’m deep in the trenches in two different collective action efforts. (More here and here.) And down in the trenches, it is easy to feel bogged down. To be reminded that my own work is connected to so many others’ work and to so many others’ hopes and dreams is empowering and encouraging. Jamison’s essay fulfills the same function he sees Springsteen performing. He reminded me of the connection between my own ordinary efforts and the great project of American democracy.

Why the Tech Billionaires Are Aligned with Trump

 — Author: Thomas Zimmer — 

The Machiavellian Moment Returns

 — Organisation: The Claremont Institute — 

In the third book of the Discourses on Livy, Niccolo Machiavelli argues that republics “do not last if they do not renew themselves” by recourse to their origins, when they were at their most pure. “Because in the process of time that goodness is corrupted, unless something intervenes to lead it back to the mark, it of necessity kills the body.”

Historian J.G.A. Pocock elaborates on this idea, arguing for a “Machiavellian moment” (the title of his sprawling and majestic book on the subject) in which a republic must act to save itself by returning to first principles. Per Pocock, the Renaissance Florentines, the Commonwealthmen of 18th-century Britain, and the Revolutionary-era Americans all faced such a moment and were forced to act against the corruption of their regimes. These moments, however, are not always successful. The Florentines lost their republic, and the Commonwealthmen remained a minority in Britain, whose legacy was predominantly to influence the American patriots at the end of the century.

The Case for Denaturalization

 — Organisation: The Claremont Institute — 

If the United States is serious about giving citizenship to worthy immigrants, we also need to be serious about revoking it from the unworthy.

More than 800,000 immigrants became American citizens in FY 2024, and a comparable number are expected in FY 2025, though the final numbers aren’t out yet. There are more than 25 million naturalized American citizens, which is about half the foreign-born population. Having delivered remarks at many swearing-in ceremonies, I welcome those—undoubtedly the majority—who followed the rules and took the Oath of Allegiance in good faith.

But many didn’t. That’s where denaturalization comes in.

The question of revoking citizenship from immigrants who lied on their applications or were otherwise ineligible is part of a broader debate about what membership in our national community means—a debate made especially urgent by the waves of mass immigration the political class has allowed into our country over the past 50-plus years.

Market Socialism Against Capitalism – 2026 Ellen Meiksins Wood Lecture

 — Publication: Perspectives Journal — 

The 2026 Ellen Meiksins Wood Lecture was held on Wednesday, April 22nd at Toronto Metropolitan University with support from the Rosa Luxemburg Stiftung – New York Office. A special thanks to TMU Faculty of Arts Dean Amy Peng, and RLS-NYC Director Stefan Liebich for hosting this Broadbent Institute event.

Ellen Meiksins Wood was one of the left’s foremost theorists on democracy and history, and often promoted the idea that democracy always has to be fought for and secured from below, never benevolently conferred from above. The Broadbent Institute founded the annual Ellen Meiksins Wood Prize & Lecture to honour Professor Wood’s legacy as an internationally renowned scholar and to bring her work to new generations of Canadians.

The Ellen Meiksins Wood Prize is given annually to an academic, labour activist or writer and recognizes outstanding contributions in political theory, social or economic history, human rights, or sociology. Each year’s recipient also delivers the Ellen Meiksins Wood Lecture.

Report: Food is the first thing to go – and housing is driving it

 — Organisation: Everybody's Home — 

New research from OzHarvest confirms what people across the country are already feeling: when costs rise, food is often the first thing people cut.

76% of charities say rising grocery prices are pushing people to seek food relief. But just behind that is housing – with 74% pointing to housing affordability and access as a key driver, alongside low or insufficient incomes (69%).

This tells a clear story: the housing crisis isn’t just about housing – it’s pushing people into hunger.

When rent takes too much of your income, something has to give. For many, that means skipping meals, cutting back on essentials, or going without entirely.

How the U.S. Can Restore Its Arsenal

 — Organisation: The Claremont Institute — 

The Trump Administration has done what no previous administration attempted in directly confronting Iran. American and Israeli forces destroyed the Iranian Air Force and Navy, killed the supreme leader and dozens of senior IRGC commanders, struck over 13,000 targets across 26 provinces, and drove Iran’s ballistic missile launch rate down by more than 90%. B-52 Stratofortresses now fly unchallenged in Iranian airspace, carrying out bombing runs with impunity over a country whose integrated air defense system ceased functioning within the campaign’s first week. This pressure culminated in a ceasefire framework brokered through Pakistani mediation, representing the first serious diplomatic movement since the war began.

04/23/2026 Market Update

 — Organisation: Applied MMT — 

Update Preview

04/23/2026 Market Update

Markets are consolidating right around 7100 after breaking through 7000 — exactly the pattern I was laying out last week. A half-percent dip today off renewed Middle East negotiation headlines, but the underlying setup hasn't changed.

The bigger topic in this update, though, is theoretical — and I think it's important. There's a lot of noise in the macro world right now about "liquidity," and I want to walk through why I think that framing is actually missing what matters. Liquidity crises can take a swing at asset prices, but they don't break the system. What breaks the system is something else entirely — and understanding that distinction is the difference between being right about a scary headline and being right about where the market actually ends up six months later.

I'll also cover the flows picture, the deficit impulse, the economic calendar for next week including Powell's likely final FOMC as chair, and how we could grind higher into the summer even with some inflationary data starting to filter through.

Digging Stars

 — Author: Sarah Kendzior — 

This is an excerpt from my book The Last American Road Trip, written in 2023, released in 2025 – and now out in paperback. This excerpt takes place in March 2021; most of the book isn’t as dark. But my mood is, so I’m running this short piece. Read to the end! As mentioned, I’m taking it slow after my father’s death. I will be back. Keep finding light in that sky. — SK

It is March 2021, and we are at Palo Duro Canyon, four years after our original visit and my promise to the kids that we would return. We are staying in Canyon, Texas, a town south of Amarillo. We skipped Cadillac Ranch because I had nothing left to say.

We are in Canyon to get a break from the plague. We drove in from Dallas, where we celebrated a belated Covid Christmas at my sister’s house. It was the first gathering of my family since 2019, my newly vaccinated parents falsely believing they were now immune. A fake Christmas, a fake cure, a fake government, a real end.

I thought 2020 was the demarcation point between Then and Now, but I was wrong. Americans could still see in 2020. They had 2020 vision: the ability to see through the lies of tyrants and say “no more.”

Trump the God - Read by Eunice Wong

 — Author: Chris Hedges — 

This article is read by Eunice Wong. You can find her work at www.eunicewong.actor.

Text originally published April 20, 2026.


The Chris Hedges Report is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.

Ending Australia’s great gas giveaway

 — Organisation: The Australia Institute — 

On this episode of Dollars & Sense, Greg and Elinor discuss the case for a 25 per cent gas export tax, why global foreign aid spending has plummeted, and the likelihood of the government announcing reforms to housing investor tax concessions ahead of the May federal budget.

This discussion was recorded on Wednesday 22 April 2026.

Visit The Point for research, analysis, explainers and factchecks from experts at the Australia Institute and beyond.

Host: Greg Jericho, Chief Economist, the Australia Institute // @grogsgamut

Host: Elinor Johnston-Leek, Senior Content Producer, the Australia Institute // @elinorjohnstonleek

Show notes:

Capital gains tax changes are on the table, and yet Armageddon has not arrived. Has the tide on housing turned at last? by Greg Jericho, Guardian Australia (April 2026)

U.S. Metro Areas Ranked by Transportation Safety

 — Publication: CityNerd — 

The American Founding as the Best Regime

 — Organisation: The Claremont Institute — 

In the great journal of things happening under the sun, we, the American people, find our account running, under date of the nineteenth century of the Christian era. We find ourselves in the peaceful possession, of the fairest portion of the earth, as regards extent of territory, fertility of soil, and salubrity of climate. We find ourselves under the government of a system of political institutions, conducing more essentially to the ends of civil and religious liberty, than any of which the history of former times tell us.

— Abraham Lincoln January 27, 1838

Toward a Sexual Counter-Revolution

 — Organisation: The Claremont Institute — 

For decades, legacy conservatives have sent mixed signals about family life. On one hand, they have emphasized family values and spoken about the family as the “cornerstone of society.” On the other hand, to distinguish themselves from the feminist Left, legacy conservatives have created a leaner formulation that emphasizes choice. This focus accommodates the supposed gains of second-wave feminism, allowing legacy conservatives to bypass seemingly lost causes and avoid accusations of wanting to “turn back the clock.” They want an agenda that caters to both conservative girlbosses and full-time mothers—a coalition that winks at having no favorites. Rather than acknowledging the obvious tension of trying to be a full-time mom and a full-time employee at the same time, legacy conservatives have spent decades telling women that they can have it all—motherhood, career, both, or neither—whatever their hearts desire.

This logic has long dominated institutional legacy conservative thinking. Single women, even if they hate a family-first worldview, must be courted, or at least not antagonized. Even organizations that promote the traditional family usually apologize for their benighted traditionalism—“It’s a free country,” “Family life is not for everyone,” “Some of our best employees are career women,” or “We support feminism, but oppose abortion.”

The American Mind Podcast: The Roundtable Episode 314

 — Organisation: The Claremont Institute — 

The American Mind’s ‘Editorial Roundtable’ podcast is a weekly conversation with Ryan Williams, Spencer Klavan, and Mike Sabo devoted to uncovering the ideas and principles that drive American political life. Stream here or download from your favorite podcast host.

Cloak and Docket | The Roundtable Ep. 314

David Pocock on getting a fair return for Australian gas

 — Organisation: The Australia Institute — 

On this episode of Follow the Money, Senator David Pocock and Dr Richard Denniss join Leanne Minshull to discuss the case for a 25 per cent gas export tax, why Australians currently get so little in return for the country’s finite resources, and how the gas industry wields power in parliament.

This episode was recorded live at the Australia Institute’s Politics in the Pub event on Wednesday 15 April. Subscribe now to find out about more live events from the Australia Institute.

Guest: David Pocock, Independent Senator for the Australia Capital Territory // @davidpocock

Guest: Richard Denniss, co-Chief Executive Officer, the Australia Institute // @richarddenniss

Host: Leanne Minshull, co-Chief Executive Officer, the Australia Institute // @leanneminshull

Host: Glenn Connley, Senior Media Advisor, the Australia Institute // @glennconnley

Show notes:

Rack off Musk: Australia’s public spectrum is not a corporate freebie

 — Organisation: Prosper Australia — 

Independent economic think tank Prosper Australia has slammed threats from Elon Musk’s SpaceX to withhold satellite-based mobile services from Australia unless it is handed valuable public spectrum access for free. “Let’s be clear: Australia’s airwaves are a public resource, not a bargaining chip for billionaires,” said Rayna Fahey, Executive Director at Prosper Australia. “If SpaceX […]

The post Rack off Musk: Australia’s public spectrum is not a corporate freebie first appeared on Prosper Australia.

AnnouncementReminder: Money in the Digital Age – online workshop tomorrow (Apr. 22)

 — Organisation: Just Money — 

Evolution and Future of Money in Canada: Implications for the Digital Age, Legal and Regulatory Perspective


More Announcement
Reminder: Money in the Digital Age – online workshop tomorrow (Apr. 22)

The SCAM Act Would Restore Integrity to U.S. Citizenship

 — Organisation: The Claremont Institute — 

In March, Americans witnessed just how broken our naturalization process has become. Within the span of just 11 days, the nation experienced four terrorist attacks: mass shootings at a Texas bar and at Old Dominion University in Virginia, an attempted bombing in New York City, and an assault on a synagogue in Michigan.

The terrorists in Texas, Virginia, and Michigan were naturalized U.S. citizens. And the New York City bombers were the children of naturalized citizens.

In response to inquiries about these incidents, a spokesman for the U.S. Citizenship and Immigration Services (USCIS) reiterated that it “has a zero-tolerance policy for anyone who lies or misrepresents themselves during the naturalization process.”

That zero-tolerance policy is the right approach, but these recent attacks point to a stark reality: our naturalization process has erroneously granted the priceless privilege of American citizenship to foreigners who never accepted America, never embraced our values, and never intended to live as loyal members of our national community.

Naturalization is a long-standing, time-honored American tradition. But it is not a clerical formality or a routine application for benefits. Citizenship is not a property interest—it’s a covenant.

Taxpayer Subsidies Won’t Fix Geelong’s CBD: End Speculation Instead

 — Organisation: Prosper Australia — 

Prosper Australia has rejected calls for new tax breaks and subsidies for developers in Geelong’s CBD, warning that such measures would shift private risk onto taxpayers without addressing the root cause of stalled development. “Governments should not be in the business of propping up private development projects,” said Rayna Fahey, Prosper Australia Executive Director, today. […]

The post Taxpayer Subsidies Won’t Fix Geelong’s CBD: End Speculation Instead first appeared on Prosper Australia.

Is There a Way out of the Iran War? (w/ John Mearsheimer) | The Chris Hedges Report

 — Author: Chris Hedges — 

This interview is also available on podcast platforms and Rumble.

At the last minute, Iran agreed on Monday to participate in negotiations with the United States in Islamabad, Pakistan. The fragile ceasefire agreement between the two countries ends on Wednesday. Following the US attack on and seizure of an Iranian cargo ship in the Sea of Oman on Saturday, and contradictory tweets by President Trump in recent days, Iran was understandably hesitant to engage in further discussions with the US. There are additional obstacles to a successful resolution of the US-Israeli war on Iran to consider.

How to get a decent public return from Australia’s gas resources — A 25% export tax? Or something else?

 — Organisation: Prosper Australia — 

Cross-posted from Fresh Economic Thinking By Cameron Murray I explain how a scaled variable royalty does the job of a super-profits tax while avoiding the accounting trickery in order to share risk and get a better public return from resources. Have you heard that Norway taxes their gas at 78% of profits, but Australia’s offshore gas pays […]

The post How to get a decent public return from Australia’s gas resources — A 25% export tax? Or something else? first appeared on Prosper Australia.

Private Credit Isn't 2008: Why the Headlines Are Missing the Balance Sheet

 — Organisation: Applied MMT — 
Private Credit Isn't 2008: Why the Headlines Are Missing the Balance Sheet

Private credit and private equity are suddenly everywhere in the headlines, and if you're taking those headlines at face value, the picture looks apocalyptic. I think those fears are significantly overstated — and it really comes down to one critical distinction that almost nobody in mainstream macro-financial media is getting right.

That distinction is the difference between endogenous money — the actual money-creation engine of the banking system — and what private credit is actually doing, which is something fundamentally different.

In this post, we'll walk through exactly what happens on the balance sheets when a private credit transaction takes place versus when bank credit creates endogenous money. Once you see the mechanics side-by-side, it becomes obvious why private credit stress, while real and painful for investors directly exposed, is not the kind of systemic threat that 2008 was — and why the real thing to watch isn't the private credit headlines at all.

When the world changes, economic policy must too

 — Publication: Progress in Political Economy — 

On 12 October 1929, James Scullin led the Labor Party to what was then its largest ever majority. It was unfortunate timing. Over the 1920s Australian governments had become the largest borrowers on the London money markets. In 1925, the United Kingdom returned to the gold standard. And then on October 24, just twelve days after winning its record breaking majority, Wall Street collapsed.

Looking back, this period became a textbook example of what not to do in economic policy. Scrambling to make good on our debts to London, Australian governments desperately tried to balance their books, only to plunge the country deeper and deeper into depression.

Labor faced a difficult set of circumstances. Australia’s identity was bound to the UK. Our defence strategy and economic strategy were effectively subordinate to the UK’s. Labor was also eager to demonstrate its economic credibility. And the dominant economic thinking said the books must be balanced.

In 1931 Labor was wiped out. It had already split internally through the pressures created by the Depression. Federal Treasurer Ted Theodore argued for a new economic orthodoxy, based on what at the time seemed like the radical teachings of John Maynard Keynes. NSW Premier Jack Lang rejected paying London banks over the livelihoods of NSW workers. Both were ignored and Lang was eventually dismissed by the Governor, leading a group of Labor MPs in a split.

Trump the God

 — Author: Chris Hedges — 

The Absurdity of State Republicans' 'Nuclear Family Month'

 — Author: Betsy Phillips — 
Gov. Bill Lee signed a symbolic proclamation praising 'God’s design for familial structure' — in a state built on slavery and facing an affordability crisis

Japanese Government collects more tax from Australian gas than Australian Government

 — Organisation: The Australia Institute — 

New Australia Institute research published today shows that the Japanese Government makes more revenue taxing its imports of Australian gas than the Australian Government makes from the export of our gas.

Key findings:

  • Japan has imposed a tax on oil and gas imports since 1978, expanding the tax to cover coal in 2003.
  • Over the last five years, Japan’s energy import tax has delivered an average of AUD $8 billion per year to the Japanese Government.
  • On average, every year, $1.8 billion of Japan’s energy import tax comes from gas imports, substantially more than the $1.4 billion raised by the Australian Government’s Petroleum Resource Rent Tax (PRRT).

“It’s hard to believe how badly Australians have been ripped off by gas export companies,” said Dr Richard Denniss, co-CEO of the Australia Institute.

“Japan, a country with no gas, oil or coal reserves of its own collected almost $40 billion over the last five years while the Australian PRRT provided only $7 billion to Australians.

“Not only has Australia been literally giving more than half of the gas we export away for free, we now learn that the same Japanese Government that is opposed to us putting a tax on our gas and coal exports, has been raking in billions of dollars per year via their own tax on gas and coal imports.

Trump is fighting for a worse deal with Iran

 — Organisation: The Australia Institute — 

On this episode of After America, nuclear policy expert Jon B Wolfsthal and Dr Emma Shortis discuss the US-Iran negotiations, the risks of this conflict metastasising, and how Trump is continuing to break down the guardrails around the use of nuclear weapons.

This episode was recorded on Friday 17 April.

The latest Vantage Point essay, Rich Kid Poor Kid: The Battle for Public Education by Jane Caro, is available now for $19.95. Use the code ‘PODVP’ at checkout to get free shipping.

Guest: Jon B Wolfsthal, US Nuclear Policy Fellow, PAX sapiens // @jonatomic

Host: Emma Shortis, Director, International & Security Affairs, the Australia Institute // @emmashortis

Show notes:

Shorter America: The consequences of not caring; The enemy of your enemy is not your friend; Visions for the future by Emma Shortis, The Point (April 2026)

What Is the Iran Nuclear Deal?, Council on Foreign Relations

Who Owns American History?

 — Organisation: The Claremont Institute — 

Why did the National Park Service regularly denigrate the events of 1776 prior to the Trump Administration? In the Claremont Review of Books’ 25th anniversary issue, Jeffrey Anderson describes a visit to Independence National Historical Park, situated in the heart of old Philadelphia and run by the National Park Service. Congress created Independence Park for the purpose of “preserving” historic sites associated with “the American Revolution and the founding and growth of the United States,” as Anderson notes.

Anderson found an overwhelming emphasis on slavery and race—25 of 30 signs at the park’s President’s House, where George Washington and John Adams lived during part of their presidencies, “focus on slavery or race relations.” He writes that Washington and other founders “stand accused” of “‘injustice’” and “‘immorality.’” The first U.S. president’s “actions [are] characterized as ‘deplorable,’ ‘profoundly disturbing,’ and as having ‘mocked the nation’s pretense to be a beacon of liberty.’”

How did this situation come to pass?

The President Versus the Pope

 — Organisation: The Claremont Institute — 

For decades, the relationship between the United States and the Vatican has played a vital role in promoting individual liberties, religious freedom, and resisting authoritarianism in the West. This partnership, forged by then-President Ronald Reagan and Pope John Paul II, helped hasten the dissolution of the Soviet Union and contributed to the liberation of millions from Communism’s grip.

When aligned, America and Rome have exercised a formidable moral and geopolitical influence, representing the best of Western civilization. Yet the current feud between them, as historian Paul Kengor suggests, potentially presents a new cold war that could have deep ramifications for the future of free government.

While tension between political leaders and pontiffs is nothing new in world history, open hostility risks undermining cooperation at a moment when it is badly needed. The path back to stability—and to the renewal of Western civilization—will require both Trump and Leo to draw from the lessons of the past.

Round One

For Trump, who is lobbing derogatory insults at the Holy Father, history offers a clear warning: conflicts with the papacy rarely end well for political leaders.

March 2026 Media Highlights

 — Organisation: The Australia Institute — 

From our speaking tour with Yanis Varoufakis at the start of the month to multiple press conferences, TV appearances, and launching our Gas Giveaway Tracker, it’s been an eventful month. And that’s just the beginning!

The post March 2026 Media Highlights appeared first on The Australia Institute.

Everybody’s Home backs reported end to CGT discount

 — Organisation: Everybody's Home — 

National housing campaign Everybody’s Home is encouraged by reports the Albanese Government is leaning towards scrapping the capital gains tax discount on property and returning to the pre-1999 system. 

Media reports today suggest Treasurer Jim Chalmers is considering returning to the original way of taxing capital gains on homes instead of reducing the current 50 per cent discount on capital gains.   

Everybody’s Home spokesperson Maiy Azize said the move would be a turning point for housing affordability and fairness. 

“Scrapping the CGT discount would be one of the most positive steps any government has taken on housing in a generation,” Ms Azize said. 

“We are really encouraged by media reports that the federal government is looking to end the CGT discount and return to a much fairer system.

“The CGT discount and negative gearing are fuelling the housing crisis. Billions of taxpayer dollars line the pockets of property investors every year while first home buyers are locked out and renters are stretched to breaking point.

“The government continues to say it wants to improve intergenerational equity and the housing crisis, so it makes sense to cut the property investor tax breaks that are making both of these things worse, and use the savings to build homes that are affordable. 

Is Hezbollah Beating Israel in Lebanon? (w/ Laith Marouf) | The Chris Hedges Report

 — Author: Chris Hedges — 

This interview is also available on podcast platforms and Rumble.

On April 16, the Trump administration forced the Israeli military to cease its attacks on Lebanon as part of an agreement with Iran to fully open the Strait of Hormuz. This marked another victory for the Axis of Resistance and the Lebanese people. However, Israel has a long history of violating its ceasefire agreements, and it is unlikely to give up on its fundamental goal of occupying Lebanon by attempting to foment a civil war between Hezbollah and the Lebanese military.