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What the Hyper Creedalists Get Wrong About America

 — Organisation: The Claremont Institute — 

Another week, another round of discourse on the idea that America is merely a “creedal” or propositional nation.

One of the thorny consequences of having a creed, of course, is the unavoidable conclusion that one must draw about those who refuse it: they are outside the body that holds the creed. If Justice Neil Gorsuch (following Vivek Ramaswamy and the Cato Institute a few months back) is correct that America is purely a creedal nation, doesn’t it necessarily follow that those in our midst who reject the creed are not Americans? Is Senator Tim Kaine not an American because he dissents from the doctrine of natural rights?

But merely professing a creed does not equate to being a member of a community. In Catholicism, adult converts (and godparents on behalf of baptized infants) recite the Nicene Creed as part of the sacramental liturgy of baptism. However, adult converts to the faith are also instructed in the Christian moral life—which concerns not just what one thinks about revealed truths, but also how one is to act as a member of Christ’s body.

Shaping Canada’s Economic Future with Barry Sawyer, Bea Bruske, and Magali Picard

 — Publication: Perspectives Journal — 

Listen to the full conversation on the Perspectives Journal podcast, available to subscribe on Spotify, Apple Podcasts, YouTube, Amazon Music, and all other major podcast platforms.

At the 2026 Progress Summit: Defending Democracy Across Borders, Canada’s labour leaders discussed what labour is fighting for: a different economic and trade future that puts workers at the centre.

Ghost GDP — Billionaire Britain and the Hollow Economy

 — Organisation: The Equality Trust — 

The Equality Trust has calculated that in 2026 Britain’s 157 billionaires hold wealth equivalent to 22% of GDP – a staggering increase from just 4% in 1990. Every year the Sunday Times publishes its Rich List, celebrating the obscene wealth of a growing billionaire class. Every year politicians point to GDP growth as proof the […]

The post Ghost GDP — Billionaire Britain and the Hollow Economy appeared first on Equality Trust.

A moment to celebrate | Between the Lines

 — Organisation: The Australia Institute — 

The Wrap with Greg Jericho

It is easy for progressives to find things to complain about. It’s not because we are miserable, but unfortunately, we are too aware of the realities of life for many who never get a voice, aware of the crisis of climate change, and aware of the inequalities in the system that prevent a better society.

So, when a government does a good thing, we should take a moment to celebrate – especially when it means a long and hard-fought fight has been won.

The Australia Institute first attacked the possibility of a capital gains tax discount back in August 1999 – a month before the Howard government made the change.

The topic has never been far from our minds.

Trump’s Iranian Nightmare

 — Author: Chris Hedges — 

Do Job Postings Show Early Labor‑Market Effects of AI?

 — Organisation: Federal Reserve Bank of New York — Publication: Liberty Street Economics — 

The Moral and Political Wisdom of C.S. Lewis

 — Organisation: The Claremont Institute — 

The great Christian apologist and literary critic C.S. Lewis provides a surprising amount of moral and political wisdom despite not being a political thinker in any formal sense of the term. For example, the three lectures that form The Abolition of Man remain a must-read for understanding the crisis of our time, as well as the path to recovering the wisdom that will allow us to overcome it.

Without relying on divine revelation or biblical faith per se, Lewis takes aim at what he elsewhere calls “the poison of subjectivism,” and also makes a compelling defense of the existence of a moral consensus among mankind that transcends cultures, polities, and historical epochs. In the book’s final section, he provides a searing analysis of the profound tendency of the modern project “to conquer nature for the relief of man’s estate,” which leads to the temptation to conquer human nature in the name of illusory “progress”—that is, to abolish human beings once and for all.

Federal Student Loan Defaults Return After Pandemic Pause

 — Organisation: Federal Reserve Bank of New York — Publication: Liberty Street Economics — 

Bâtir l’avenir économique du Canada avec Barry Sawyer, Bea Bruske, et Magali Picard

 — Publication: Perspectives Journal — 

Écoutez la discussion complète sur le balado Perspectives Journal, offert sur Spotify, Apple Podcasts, YouTube, Amazon Music et toutes les principales plateformes de balados.

Alors que les politiques commerciales et économiques de l’ère Trump transforment les décisions concernant l’emploi, l’industrie et les investissements, les travailleurs et travailleuses et leurs communautés au Canada en ressentent déjà les effets. Du secteur manufacturier aux services publics, en passant par l’inflation liés aux guerres, des choix économiques sont faits qui redéfiniront l’avenir du travail des deux côtés de la frontière — souvent sans que les travailleurs et travailleuses aient voix au chapitre.

Budget 2026: Housing changes to slowly reverse decades of damage

 — Organisation: The Australia Institute — 

On this episode of Dollars & Sense, Greg and Elinor discuss the federal budget, the latest wages data, and why the government is making Australian workers wait-o for the WATO.

This discussion was recorded on Thursday 14 May 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:

Australian workers have been hard done by and tax reforms in the budget only begin to return some fairness by Greg Jericho, Guardian Australia (May 2026)

A plan to fix the National Electricity Market

 — Organisation: The Australia Institute — 

The original design of the NEM assumed that private markets and price signals could not only guide investment in generation, networks and retail, but also accommodate changing environmental requirements.

Experience has shown that this is not the case. The NEM now operates as a hybrid in which reliability and investment are secured through administrative intervention and long-term contracting, while emissions reductions are driven by a set of overlapping federal and state policy instruments.

The analysis makes several recommendations to fix the NEM:

  • Split the Australian Energy Market Operator into two bodies, a rule-bound market operator and a national grid authority with responsibility for reliability, transmission integration, long-term contracting and emissions integration.
  • Consolidate transmission under public ownership within the grid authority.
  • Operate generation under a mixed public–private model.
  • Reforming distribution, while keeping public ownership available as a long-term option.
  • Retaining retail competition, but default pricing should be treated as a public obligation linked to system costs.

“Australia’s transition to a low-emissions electricity system has exposed the structural weaknesses of the National Electricity Market.” said Professor John Quiggin, Professor of Economics at The University of Queensland and author of the report.

“After decades of patchwork reform, the elegant design of the original NEM is almost invisible under all those tweaks.

The History of National Resistance Movements in Palestine (w/ Ramzy Baroud) | The Chris Hedges Report

 — Author: Chris Hedges — 

This interview is also available on podcast platforms and Rumble.

Dr. Ramzy Baroud, a Palestinian historian and author, in his new book, “Before the Flood: A Gaza Family Memoir Across Three Generations of Colonial Invasion, Occupation, and War in Palestine,” traces the long arc of Palestinian resistance to the Zionist settler-colonial state leading to its current form in Hamas. It is resistance, defined by Palestinians themselves, as Dr. Baroud explains, that is the “sole leverage” of the Palestinian people in their struggle for existence, which began before the Nakba of 1948.

Why Tax Base Fragmentation Is a Serious Problem

 — Publication: CityNerd — 

Labour’s Disastrous Night

 — Organisation: The Claremont Institute — 

The British political landscape has undergone a seismic shift following the May local elections. A map once dominated by the Labour Party’s familiar red has been dramatically redrawn, signaling widespread rejection of the political establishment across the U.K. This was not just a protest vote—it pointed to a complete collapse of the party in areas that were once considered its safest and most reliable strongholds.

Labour lost control of over 30 councils, watching its majorities disappear in traditional heartlands like Gateshead, Sunderland, and South Tyneside—areas where the party had held power for nearly half a century. Across the capital, Labour’s solid red blanket has been replaced by a multicolored patchwork of parties. The party lost 11 boroughs, including flagship councils like Westminster and Wandsworth, which were seen as key pillars of its 2022 resurgence. In East London, Havering saw a historic shift: once dominated by resident-led groups, Labour was swept out by an insurgent force: Nigel Farage’s Reform UK.

The American Mind Podcast: The Roundtable Episode 317

 — 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.

Pratt Boy Summer | The Roundtable Ep. 317

Budget 2026: Serious housing reforms but a missed opportunity to tax gas exports

 — Organisation: The Australia Institute — 

On this episode of Follow the Money, Matt Grudnoff and Ebony Bennett discuss the government’s important changes to negative gearing and the capital gains tax discount, its “brutal” cuts to the National Disability Insurance Scheme (NDIS), and why some “broken promises” may not be such a big deal in the eyes of Australians.

This episode was recorded on Wednesday 13 May.

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: Matt Grudnoff, Senior Economist, the Australia Institute // @mattgrudnoff

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

Show notes:

Budget 2026: What the government’s housing tax changes mean for first home buyers and housing affordability by Matt Grudnoff, The Point (May 2026)

Night of the Living Woke

 — Organisation: The Claremont Institute — 

The New York Times columnists Ross Douthat and Ezra Klein disagree more often than they agree, which made it significant that just before the first anniversary of the 2024 election each arrived at, basically, the same explanation for Donald Trump’s victory. “It is completely obvious that the [Democratic] party lost in 2024 because it overcommitted to a range of unpopular left-wing positions,” Douthat wrote. Whatever else the 2024 election may have been, it “was also an ideological referendum, and progressivism lost.”

Klein’s explanation was even more detailed, making it a tougher read for his followers, who are more sympathetic to the Democratic cause than are Douthat’s. “From 2012 to 2024, Democrats moved sharply left on virtually every issue,” Klein observed, with electoral results that were precisely the opposite of those expected and intended.

Democrats became more uncompromising on immigration and lost support among Hispanic voters. They moved left on guns and student loans and climate, and lost ground with young voters. They moved left on race and lost ground with Black voters. They moved left on education and lost ground with Asian American voters. They moved left on economics and lost ground with working-class voters. The only major group in which Democrats saw improvement across that whole 12-year period was college-educated white voters.

05/12/2026 Market Update

 — Organisation: Applied MMT — 

Market Update Preview

05/12/2026 Market Update

Inflation continues to heat up, the April CPI came in at 3.8% annual, beating expectations. That matters a lot in this framework, because the model has been telling us late-cycle CPI surprises are the marker that the long chain of price hikes needed to defend balance-sheet expansion is finally working through the system. Today's print isn't a one-off. I think it kicks off a trend of hotter-than-expected inflation reads through the summer, with oil, the Iran supply shock, and lingering tariff effects all stacking on top of each other.

Equities sold off on the print, then bounced and held. Rates pushed higher, with the 10-year continuing the climb — and I want to walk through why rates are doing what they're doing even with the Trump administration jawboning the Fed. This is the late-cycle market function I've been watching for, and it's holding so far.

The bigger picture: in nominal terms flows are actually re-accelerating into summer, but in real terms the deficit impulse is deteriorating fast. There's a tension here that resolves one of two ways by end of summer, and the bank credit data is doing something that needs explaining. Full breakdown below, including why I'm still not looking to short and what the actual inflection point would have to look like.

Join Me for a Live Q & A on June 29 on Dostoevsky’s 'The Idiot'

 — Author: Chris Hedges — 

Join me at 7:00 pm on June 29 for a livestream in which we will discuss Fyodor Dostoevsky’s The Idiot. If you can, read before joining!

The novel was inspired by a painting by Hans Holbein the Younger called Christ’s Body in the Tomb. The painting was completed between 1520 or 1522. I have a picture of the painting pasted on the inside cover of my copy of The Idiot, which was translated from the Russian by Richard Pevear and Larissa Volokhonsky. The painting shows the elongated corpse of Christ with wounds peppered along his body signifying the horrific torture he suffered before death. The flesh is in the early stages of putrifaction.

The Pratt Approach

 — Organisation: The Claremont Institute — 

It is rare that mayoral campaigns receive national attention, but Spencer Pratt’s bid for mayor of Los Angeles has. Since his initial campaign announcement in January, Pratt has been gaining momentum and is now polling in second place behind incumbent L.A. Mayor Karen Bass. His campaign has primarily focused on restoring the city to its former glory, particularly in the wake of the damage from the horrific Palisades fires of 2025. Two weeks ago, he uploaded his now-viral campaign ad, featuring the hit song “Not Like Us,” as he showed off the untouched properties of Mayor Bass and city councilmember Nithya Raman. The video then showcases the charred ruins where Pratt’s home previously stood, along with the trailer he now resides in.

Whatever the fate of Pratt’s campaign, he has hit on a messaging strategy that right-wing candidates would do well to emulate going forward if they want to be successful in the digital age. Conservatives have had trouble breaking out of their image as out-of-touch intellectuals. Pratt’s message has more emotional impact. And his language is assertive. In the past, Republican leaders like George W. Bush, Mitt Romney, and Mike Pence had a cultural reputation for being passive. Pratt’s ad makes him look like something out of the John Wick action series.

Post-Enron Statute Could Be Used to Round Up Lawfare Conspirators

 — Organisation: The Claremont Institute — 

The Racketeer Influences and Corrupt Organizations Act, commonly known as “RICO,” was passed by Congress in 1970 as part of that year’s Organized Crime Control Act. It was designed to reach not just the foot soldiers of organized crime organizations, but the crime bosses themselves.

Although it did that directly by allowing charges to be brought against the leaders of “criminal enterprises,” it also did so indirectly by allowing prosecutors to go after low-level criminals and even drivers, doormen, etc. with threats of hefty, 20-year felony sentences and offers of reduced-sentence plea deals in exchange for turning state’s evidence against the mob bosses.

Such tactics work. Faced with the potential of decades in prison, many “loyal” foot soldiers—particularly those who merely observed rather than engaged in crime—find that the price of continued loyalty is simply too steep. So they sing. They implicate mid-level mobsters, who then sing even more loudly to implicate the bosses. The most famous example of this is the Five Families case in New York in the 1980s, prosecuted by then-U.S. Attorney Rudy Giuliani, which led to the conviction and imprisonment of several top Mafia bosses.

Messy Cities with Zahra Ebrahim

 — Publication: Perspectives Journal — 

Canadian cities are complicated by a constant attempt to simultaneously meet future demands while correcting the issues caused by past planning and design decisions. What we are left with are “messy cities;” urban areas that are considered iconic and even praised for their development, cleanliness and diversity, withstanding their systemic and structural issues such as housing affordability, traffic congestion, pollution, and social isolation. Despite the “messiness,” cities constantly adapt to change because of the communities that live in them.

Approximately 31 million Canadians, or roughly 76% of Canada’s population, reside in cities and their surrounding regional suburbs. The historical development of most Canadian cities as we know them today, have been “messy,” growing through long periods of economic, social exclusion, and racism. Amid these oppressive periods, subcultures of resistance emerged through art, the reclamation of spaces by community, and the emergence of cultural events and festivals celebrating those communities.

The Tennessee GOP's Boundless Trump Loyalism

 — Author: Betsy Phillips — 
The state's Republican supermajority did as it was told and gerrymandered Memphis. Then they were shocked and outraged by the protests.

America’s Suicide Pact - 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 May 8, 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.

Historic progress on investor tax breaks a turning point but journey isn’t over

 — Organisation: Everybody's Home — 

The federal government’s historic step forward on winding back investor tax breaks marks a turning point for housing fairness and affordability but it must be the start of deeper reform, according to Everybody’s Home.

The national housing campaign said the government’s changes to the capital gains tax discount and negative gearing represent significant progress but don’t go far enough to improve housing outcomes for all Australians.

Everybody’s Home spokesperson Maiy Azize said the campaign assessed the government’s changes on three tests: improving affordability, changing investor behaviour, and reducing inequality.

“After years of campaigning, we’re finally seeing a government that is willing to start tackling investor tax breaks and work towards a fairer and more affordable housing system. This is a victory for every Australian priced out of housing,” Ms Azize said.

“This significant step forward on investor tax breaks signals that the federal government is starting to listen to everyday Australians and resisting the noise from the profiteering property lobby. This progress proves that policy choices like investor tax breaks have fuelled the housing crisis, and that they can be changed to end it.

“While the government’s historic changes to investor tax breaks mark a turning point, they only begin to undo a quarter of a century of damage to the country’s housing system. This must be the start of housing reform, not the end of it.

Class & Climate: The Politics of Electrification with Stephen Thomas

 — Publication: Perspectives Journal — 

Listen to the full conversation on the Perspectives Journal podcast, available to subscribe on Spotify, Apple Podcasts, YouTube, Amazon Music, and all other major podcast platforms.

Stephen Thomas is a climate campaigner, policy analyst, and engineer working on the front lines of Canada’s transition to a 100% zero-emissions electricity grid as the Clean Energy Manager for the David Suzuki Foundation.

What’s On May 11-17 2026

 — Organisation: Free Palestine Melbourne — 
What’s On around Naarm/Melbourne & regional Victoria: May 11-17, 2026

The United States we thought we knew is gone

 — Organisation: The Australia Institute — 

On the 100th episode of After America, Dr Emma Shortis and Angus Blackman discuss new Australia Institute polling on Australians’ views of Trump, the deadlock between the United States and Iran in the Strait of Hormuz, and what it might take for the Australian government to get out of the AUKUS submarine deal.

This episode was recorded on Monday 11 May.

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.

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

Host: Angus Blackman, Executive Producer, the Australia Institute // @angusrb

Show notes:

It’s not me, it’s you – Australians ready to break up with Trump’s America, the Australia Institute (May 2026)

How States Can Fix the Failed Teacher Education Model

 — Organisation: The Claremont Institute — 

It’s time to dismantle one of the most degraded sectors in American higher education: schools of education. The colleges responsible for training and certifying the majority of our nation’s teachers have become factories for mediocrity and indoctrination—the embodiment of what Allan Bloom termed “the closing of the American mind.” States have both the authority and obligation to replace these monolithic institutions by promoting better teacher-prep pathways that are already proving their worth across the nation.

As recent graduates of Stanford University’s Graduate School of Education, we believe that teachers must be more than competent technicians—they must deliberately form American citizens.

Will Mounting Supply Chain Strains Hamstring the AI Investment Boom?

 — Organisation: Federal Reserve Bank of New York — Publication: Liberty Street Economics — 

Editor’s Note: The original version of the post included an inaccurate statement about the last chart. The chart itself is correct. The text has been removed.  May 14, 3:22pm.

April 2026 Media Highlights

 — Organisation: The Australia Institute — 

Our gas export research was everywhere this month, from the Senate to news bulletins across Australia, and that’s just the beginning!

Here’s a brief snapshot of our media impact in April.

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

Next Past & Present Reading Group Text

 — Publication: Progress in Political Economy — 

This is to announce that the Past & Present Reading Group will be meeting to discuss, on a weekly basis and starting in June 2026, our next text which is:

Karl Marx, Theories of Surplus Value, Part I (Progress Publishers, 1975).

Working hard will not buy a roof over your head. If you can’t inherit one, you’re screwed

 — Organisation: The Australia Institute — 

Home ownership is simply beyond the reach of many, rent is surging, and homelessness continues rising. It seems likely the Treasurer Jim Chalmers will implement changes to the 50 per cent capital gains tax discount and negative gearing in Tuesday’s budget, two policies which have worked together to push house prices up and up and up.

Which means for the first time in decades, this federal budget may stop making Australia’s housing affordability worse.

If Australia doesn’t do something to fix the problem, we will only become more unequal and more divided between the haves and have-nots.

As Alan Kohler said in his brilliant Quarterly Essay piece on the housing divide: “Education and hard work are no longer the main determinants of how wealthy you are; now it comes down to where you live and what sort of house you inherit from your parents. It means Australia is less of an egalitarian meritocracy. Material success is now largely a function of geography, not accomplishment.”

If working hard isn’t enough to buy you a stable roof over your head, what next?

Australia will be a poorer and less stable nation if home ownership becomes unaffordable for ordinary people.

We don’t want to become a society where the only way young people can dream of owning a home is if they are fortunate enough to inherit one. That’s why these tax reforms are so important.

Social housing funding critical in budget as govt allocates $2b to infrastructure

 — Organisation: Everybody's Home — 

Everybody’s Home said the federal government must make social housing central to its push to boost supply in this year’s budget, after it announced critical infrastructure funding to support building homes.

The federal government will allocate $2 billion for councils and utility providers to deliver infrastructure like water and sewerage, which is meant to unlock 65,000 new homes.

Everybody’s Home spokesperson Maiy Azize said public and community housing must not be overlooked in this year’s budget. 

“Funding for pipes and wires is all well and good but it means little if it doesn’t deliver homes people can actually afford,” Ms Azize said.

“This infrastructure funding is meant to unlock 65,000 homes but there’s no guarantee they will be affordable. More homes won’t end the housing crisis if people can’t afford them.

“Australia has a public and community housing shortfall of 640,000 homes. A funding boost that delivers 65,000 of those in this federal budget would be transformative.

“If the government is serious about housing supply in this budget, it cannot overlook social housing. These are affordable rentals that house those who are priced out of the private market.

“We need this federal budget to go big and bold on housing by scrapping investor tax breaks and building more social housing, the type of supply Australia desperately needs.

Stress and Strain from NBFIs to Banks

 — Organisation: Federal Reserve Bank of New York — Publication: Liberty Street Economics — 

The Meaning of the American Creed

 — Organisation: The Claremont Institute — 

As the 250th anniversary of the Declaration of Independence approaches, Spencer Klavan invites us to reflect on the origins of that document and its fate. He asks us to consider an array of questions: Are the principles of the Declaration the final truth at the end of history? Is the end of history lamentable? Does the war in Iran refute the end of history? Is the Declaration informed by a rational view of the universe or by revealed religion?

I have access neither to the world-historical spirit nor to prophetic signs, so I’ll begin with what has become a necessary task: to establish that the Declaration marks the founding of the American nation, to explain what it means, and to defend it against popular criticisms.

Some have tried to define America by the year 1619, because that is when slavery was established. Others opine that 1607 is the beginning of the United States, because that is when the English first settled in Jamestown. However, these are not true national origins, in part, because they do not recognize the independence of the United States from Great Britain. More importantly, they are wrong because neither of these events recognizes the fundamental principles of right that define the United States.

America’s Suicide Pact

 — Author: Chris Hedges — 

Recommended video: Are we at a Galileo moment in economics?

 — Organisation: Economic Reform Australia (ERA) — 

Recommended video: Are we at a Galileo moment in economics? Richard Murphy What if everything you think about money is wrong? And does it matter…

The post Recommended video: Are we at a Galileo moment in economics? appeared first on Economic Reform Australia.

More pain coming as RBA hikes interest rates again

 — Organisation: The Australia Institute — 

On this episode of Dollars & Sense, Greg and Elinor discuss the rationale for the Reserve Bank’s third interest rate hike for 2026 and how changing the way trusts are taxed could reduce inequality.

This discussion was recorded on Thursday 7 May 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:

In this budget, all eyes are on CGT. But Labor’s rumoured family trust tweaks might also help fight tax inequality by Greg Jericho, Guardian Australia (May 2026)

The Case Against New York Times v. Sullivan

 — Organisation: The Claremont Institute — 

In 1964, the Supreme Court of the United States revolutionized our country’s understanding of the First Amendment. More specifically, the Court’s ruling in New York Times v. Sullivan caused a fundamental change in how we think about the relationship of the First Amendment’s protection for freedom of the press, on the one hand, and the problem of libel, on the other.

According to the traditional view swept aside by the Sullivan Court, libel—or publication of defamatory falsehood—was simply outside the scope of the freedom of the press, a licentious abuse that the Founders never intended to enjoy constitutional or legal protection. During the lengthy period that this view prevailed, those who published false and defamatory matter were open to being sued successfully for damages, whether the victim of the libel was a private or a public person.

The Sun Sets on Great Britain

 — Organisation: The Claremont Institute — 

White House lawn speeches greeting foreign heads of state are usually sleepy pro-forma affairs, filled out with the clichés of long-standing ties and mutual interests. But President Trump’s speech welcoming King Charles was no mere boilerplate. It was a masterpiece of ironic and subtle mischief on multiple levels—triggering the Left, offering a ground of unity for the Right as we draw near to the 250th anniversary of the American Founding, and, for those who listened closely, a rebuke both to Britain and the rest of Europe for their supine and rapidly declining civilizations. Making all the “No Kings” protestors look silly was just a bonus.

As everyone knows—especially Pope Leo XIV—Trump is not typically known for subtle rebukes, so kudos are deserved for his speechwriting staff for crafting a succinct and enthymematic message worthy of Aristotle, though it was fully in accord with Trump’s main instincts and central purposes.

We don’t need billionaires, and we can structure the market so we don’t have them

 — Organisation: Economic Reform Australia (ERA) — 

We don’t need billionaires, and we can structure the market so we don’t have them Extracted from an article by Dean Baker [1] The Economist…

The post We don’t need billionaires, and we can structure the market so we don’t have them appeared first on Economic Reform Australia.

US war on Iran shows renewable energy is an inflation management tool [1]

 — Organisation: Economic Reform Australia (ERA) — 

US war on Iran shows renewable energy is an inflation management tool [1] Ingrid Walker The growing energy crisis shows that fossil fuels present a…

The post US war on Iran shows renewable energy is an inflation management tool [1] appeared first on Economic Reform Australia.

Comparative economic evolution of three countries

 — Organisation: Economic Reform Australia (ERA) — 

Comparative economic evolution of three countries – and how to improve New Zealand’s mismanaged economy Steven Hail Steven Hail argues that New Zealand is enduring…

The post Comparative economic evolution of three countries appeared first on Economic Reform Australia.

Why the rich don’t pay taxes

 — Organisation: Economic Reform Australia (ERA) — 

Why the rich don’t pay taxes Lars Syll Beneath the civic ideal of taxation as a collective, equitable endeavour lies an entrenched hypocrisy: the architecture…

The post Why the rich don’t pay taxes appeared first on Economic Reform Australia.

Neoclassical economics vs MMT on the status of savings

 — Organisation: Economic Reform Australia (ERA) — 

Neoclassical economics vs MMT on the status of savings Jim Byrne The following link – https://www.linkedin.com/feed [1 ] – which appeared on 1 Apr 2026…

The post Neoclassical economics vs MMT on the status of savings appeared first on Economic Reform Australia.

Why Minsky still matters

 — Organisation: Economic Reform Australia (ERA) — 

Why Minsky still matters Lars Syll Perhaps the foremost financial crisis theorist of our time, Hyman Minsky, had as his central idea that crises are…

The post Why Minsky still matters appeared first on Economic Reform Australia.

“Half-baked” gas reservation a distraction that won’t raise a cent in revenue

 — Organisation: The Australia Institute — 

While the policy provides clear proof that Australia never had a ‘gas shortage’ and has been suffering from excessive gas exports, a gas reservation policy won’t change the sad fact that Australia is giving away more than half of the gas it exports for free.

Dr Richard Denniss, co-CEO of The Australia Institute, says the policy is a distraction after the government caved into the gas lobby and appeared to rule out a gas export tax in next week’s federal budget.

“The government is trying to shift attention away from its determination to keep giving more than half the gas Australia exports away for free,” Dr Denniss said.

“The Albanese Government wants Australians to think it’s doing something about gas, but instead of collecting $350 million per week from a gas export tax, it is pursuing a new policy that won’t raise a cent.”

“Labor has the numbers in parliament. It has the support of unions, crossbenchers and, most importantly, voters. One nation voters want a gas export tax. Clive Palmer supporters want a gas export tax. Labor voters want a gas export tax.”

Dr Denniss has branded a gas reservation as the “wrong solution” to a problem which has been deliberately engineered by the gas industry, which has created fake fears of shortages in Australia while it was exporting vast  quantities of Australian gas overseas.

Is the national anti-corruption body failing?

 — Organisation: The Australia Institute — 

On this episode of Follow the Money, journalist and writer Nick Feik joins Ebony Bennett to discuss the NACC’s handling of its Robodebt investigation, its decision not to hold public hearings so far, and concerns about the legal experience required of some senior leaders.

This episode was recorded on Tuesday 5 May and some things may have changed.

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Guest: Nick Feik, journalist and writer // @nickfeik

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

Show notes:

Built to fail? NACC: the integrity body undermined from the start by Nick Feik, Michelle Fahy & Elizabeth Minter, The Point (April 2026)