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How to Make Enough Good Men

 — Organisation: The Claremont Institute — 

In his opening salvo, the esteemed Scott Yenor righteously scrutinizes the travesty of single-sex education at the Virginia Military Institute (VMI). Yenor lays bare the deleterious effects that forced sex integration has had on honor, cohesion, and the society into which graduates of the school march. What he emphasizes less, however, is how the Supreme Court’s decision in US v. Virginia fundamentally changed the nature of VMI’s military character, and the essential path to reclaiming same-sex spaces for military officer formation.

The most important part of Yenor’s essay is his proposal to create more VMIs that can force a legal and cultural reconsideration of issues involving sex in education and the military. This is a compelling recommendation, because responsibility lies with committed red state governors who have the authority to make bold moves to challenge existing institutions and create alternative ones.

The governor of West Virginia could establish a military academy with higher education credentials and, like VMI does today, endow a Reserve Officer Training Corps (ROTC) program at the school to serve as a pipeline into the military’s officer ranks. The character of this new service academy must be ironclad, inculcate a warrior ethos, and be set apart from the civil society that its graduates will pledge their lives to defend.

Government’s FOI changes could cover up the next Robodebt – new research

 — Organisation: The Australia Institute — 

The Royal Commission into Robodebt recommended making cabinet documents easier to access under FOI laws, finding the current system thwarted investigations into the scheme.

The Prime Minister himself described Robodebt as a “gross betrayal and human tragedy”, yet his government plans to make cabinet documents harder to access.

This is in direct defiance of the Robodebt Royal Commission’s recommendation to make cabinet documents available for public scrutiny.

“If cabinet documents had been public, the unlawful and cruel Robodebt scheme could have been exposed and prevented. For that reason, the Robodebt Royal Commission recommended making cabinet documents available under FOI,” said Bill Browne, Director of the Australia Institute’s Democracy & Accountability Program.

“The Albanese government wants to make documents even harder to access, in defiance of the Royal Commission, increasing the risk the next Robodebt will happen in secret.”

“The over-use of the cabinet document exemption and other problems with the FOI system are critical reasons why Robodebt was allowed to continue with impunity for so long,” said Maria O’Sullivan, Associate Professor at Deakin Law School.

“The proposed changes to the FOI Act will actually expand the cabinet exemption even further.”

The new research also reveals that it is government inefficiency, not the number of requests, behind the growing cost of the FOI system.

Teaching Applied Political Economy

 — Publication: Progress in Political Economy — 

Political Economy is a broad church. This aspect makes it challenging to teach.  One wants to engage all students in the classroom, but the range of students’ interests can vary considerably. Moreover, they demand more in terms of engagement and practicality. It is not enough to recite material for rote learning. How does one fulfill the demand while maintaining integrity of the unit in terms of breadth and depth of theory and method? Political Economy at the University of Sydney has an additional challenge in that students and staff approach facets of the economy – a system of social provisioning, more generally – from different disciplines. Disciplines represented by staff include economics, political science, sociology, and history, among others.

Yes, one can flip the units so that the examples provided to support theory act to stimulate thinking about possible explanations. Then, one can proceed to discuss the relevant theories to solidify students’ understanding. This is a good start for engagement, but beyond flipping what can one do?

A Country‑Specific View of Tariffs

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

U.S. trade policy remains in flux. Nevertheless, important elements of the new policy regime are apparent in data through July. What stands out are the large differences in realized tariff rates by trading partner, ranging from less than 5 percent for Canada and Mexico to 15 percent for Japan and to 40 percent for China. This post shows that the bulk of cross-country differences in tariff rates is explained by two factors:  the U.S.-Canada-Mexico free trade agreement and differing sales shares in tariff-exempt categories.  

September Newsletter 2025

 — Organisation: Open Access Australasia — 

August Newsletter 2025

 — Organisation: Open Access Australasia — 

When Will the Lion Concern Himself

 — Author: Julia Doubleday — 

An image went mega-viral on multiple platforms last week, of a very young man with this text superimposed: “The lion does not concern himself with his noticeable memory loss, brain fog and slight cognitive decline.” The original Tiktok garnered 1.4 million likes over the course of the next several days, and a screenshot of the Tiktok reposted on X (formerly twitter) has so far been liked 287k times.

A sampling of comments:

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

“slight?”

“ok genuinely what is the cause of this why is it happening to everyone Help”

“what could this be? I have this and I’m 19-20”

“the brain fog’s so bad, the lion can’t even bring himself to care about anything”

You’re invited: Campaign Strategy Day 25th October

 — Organisation: Free Palestine Melbourne — 
Campaign Strategy Day, Saturday 25th October 2025, 10am-3pm, Melbourne/Naarm.

The Man Who Kept the CIA Up at Night

 — Organisation: The Claremont Institute — 

“Angelo.” With no surname necessary, the mere mention put Washington’s late-Cold War intelligence establishment on edge. Their tormenter was but a thirtysomething staffer on the Senate Select Committee on Intelligence. Contrarily, to the Cold Warriors sacrificing their all to defend the nation from Communist subversion and nuclear-missile threats, that single name, like a messenger from heaven, brought comfort and joy.

Angelo Codevilla knew and understood that the country that took him in as a boy would preserve itself and its Founding principles by having the most capable intelligence and counterintelligence services the world had ever seen. “Most capable” didn’t mean the largest, or the most lavishly funded, or supplied with the most high-tech gear. It meant having the most creative, most principled, most virtuous, and wisest people doing the job.

Angelo watched the United States’ intelligence apparatus deteriorate. Visiting CIA headquarters over the years, he passed the stone inscription that the late and great CIA director Allen Dulles placed as what he intended as a permanent greeting: “And ye shall know the truth and the truth shall set you free”—the Gospel According to John. In the last year of his life, Angelo saw the videos of CIA corridors festooned with mind-numbing murals and telescreens about diversity, equity, and inclusion. To Angelo Codevilla, who spoke Latin, DEI meant “of God.” A new god, a false one, possesses the American intelligence community today.

The Evolving Global Payments Landscape: Challenges and Opportunities for Australia and the Broader Asia-Pacific Region

 — Organisation: Reserve Bank of Australia (RBA) — 
Speech by Michele Bullock, Governor at the joint workshop hosted by the Bank for International Settlements, the Institute of International Finance, and the RBA.

Free Speech Is a Core American Value

 — Organisation: The Claremont Institute — 

Freedom of speech on university campuses has collapsed. Left-leaning college administrators, faculty, and students have been silencing conservative voices, and conservative students are increasingly adopting the Left’s errant ways. The Trump Administration has launched a strong counterattack that also seems poised to suppress speech.

The First Amendment’s free speech guarantees are at the core of our liberties. As Justice Louis Brandeis explained in Whitney v. California (1927), “If there be time to expose through discussion, the falsehoods and fallacies, to avert the evil by the processes of education, the remedy to be applied is more speech, not enforced silence.” Though set out in a concurring opinion, Justice Brandeis’s counter-speech doctrine has become the bedrock of free speech jurisprudence. In the milestone First Amendment case of United States v. Alvarez (2012), Justice Anthony Kennedy cited Justice Brandeis, opining, “The remedy for speech that is false is speech that is true. This is the ordinary course in a free society. The response to the unreasoned is the rational; to the uninformed, the enlightened; to the straight-out lie, the simple truth.”

Governments keep making our housing crisis worse – and they’ve just done it again

 — Organisation: The Australia Institute — 

Someone did, however, in that very same talkback segment. Phyllis rang in to say she did want to complain, because she wanted to retire and downsize, but property prices were growing so fast that she was worried about buying and selling in the same market – even if it was a smaller property.

Howard told her she was wrong.

“You’re not actually complaining. What you’re really saying is the value of a house hasn’t gone up enough,” he said.

Phyllis was having none of it: “No, no, no. I disagree. I think that it is ridiculous that the inflation of the housing prices … what about our grandchildren?”

Phyllis was right. Because while she complained, in late 2003, about people having to spend “$500,000 … on some broken-down old dump”, the median house price for her grandchildren – assuming they live in Queensland – is now $977,300.

The government knew house prices were a problem then, and it knows they are a problem now.

And just like Howard, who was told by the Productivity Commission in 2004 – in a briefing prepared for his cabinet – that an urgent review of his capital gains tax changes was needed to arrest the jumps in the housing market, every single government has only made short-term changes that ultimately make the situation worse, rather than get to the root cause. And they are STILL doing it.

In 2003 Howard blamed low interest rates for rising house prices, as people could afford to borrow more.

New government data confirms gas exporters continue to pay no tax

 — Organisation: The Australia Institute — 

ATO data reveals:

  • Santos Limited has racked up a 10th straight year of zero corporate tax payments from a total of nearly $47 billion in sales.
  • Darwin’s Ichthys LNG Pty Ltd paid zero corporate tax for the 6th year running, from a total of $43 billion in sales.
  • Petroleum Resource Rent Tax (PRRT) revenue has hit a 3-year low, down to $1.5 billion from a peak of $2.0 billion in 2021-22.

“The new tax data shows, yet again, that big gas is taking the piss out of Australians,” said Rod Campbell, Research Director at The Australia Institute.

“It beggars belief that a company like Santos can spend a decade selling almost $50 billion worth of gas and not pay a cent of tax on it.

“Japanese ambassadors and executives see fit to lecture Australia on energy and tax policy, while Japanese entities like Ichthys pay zero company tax and zero PRRT.

“PRRT revenue was lower in the latest year of data (2023-24) even though production and prices were high and a Labor government had been in power for over a year.

“Australia Institute research shows that over the 10 years to 2023-24, nurses paid $7 billion more in tax than did the oil and gas companies. How’s that fair?

Krystal Kyle & Friends | Chris Hedges on American Fascism

 — Author: Chris Hedges — 

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

Restoring Single-Sex Education at VMI and Beyond

 — Organisation: The Claremont Institute — 

Sex-specific education is needed to preserve America’s self-governing republic. Though many are only now rediscovering single-sex public schooling, there is still space for it to exist within the framework established by the Supreme Court’s 1996 United States v. Virginia decision, as I argue in a just-released Provocation for the Claremont Institute’s Center for the American Way of Life. In that decision, Justice Ruth Bader Ginsburg ruled for the 7-1 majority that the Virginia Military Institute (VMI), a public school, must admit women.

The Bush Administration sued VMI in the early 1990s, alleging that Virginia’s single-sex military school violated the 14th Amendment’s Equal Protection Clause. The Clinton Administration continued the case, and Virginia had to tailor its defense to the reigning civil rights framework. Since VMI’s discriminatory practices faced “intermediate scrutiny” from the courts, Virginia had to prove that its admissions policies supported practices that served important but gender-neutral educational goals.

Virginia asserted that men especially benefit from and are attracted to VMI’s distinctives, including its Marine-style, in-your-face “adversative” training methods, its lack of privacy, its egalitarian grooming and uniform standards, and its rigorous, stoical honor code.

Do Employers Comply with Pay Transparency Requirements in Job Postings?

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

America's Dumbest Crop

 — Organisation: Climate Town — 

The American Mind Podcast: The Roundtable Episode 287

 — 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.

Post-Kamala Clarity | The Roundtable Ep. 287

Market Rally Meets Resistance: Why October Could Get Dicey

 — Organisation: Applied MMT — 
Market Rally Meets Resistance: Why October Could Get Dicey

Over the past six months, the S&P 500 has staged an incredible rally—one that was very much in line with what my models had projected earlier this year. Back at the start of 2025, following the tariff tantrum and the heavy selloff, we flagged the market’s move as a clear mispricing. Flows were simply too strong to justify the decline, and sure enough, the rebound has been powerful.

But as we head into October, the winds that fueled this rally are beginning to shift. What were tailwinds over the summer are now turning into headwinds. The key message I want to make clear is this: I believe we’re at an inflection point, and volatility is likely to spike in the near term. The rally looks exhausted, and a breather—possibly a sharp one—is overdue.

The First Domino: Treasury Flows and the Tax Drain

The most important factor right now comes down to fiscal flows. The daily Treasury statement is, in many ways, the first mover of macroeconomic outcomes.

Each September, we see a major corporate tax drain. This year, starting around September 11th, roughly $120 billion was pulled out of the private sector over a two-week period. On its own, that may not change the long-term trajectory of the economy—but in the short run, it significantly pressures the balance sheet capacity of the financial sector.

The housing market just got more cooked

 — Organisation: The Australia Institute — 

On this episode of Dollars & Sense, Greg and Elinor discuss whether Emirati supermarket chain Lulu will take on Colesworth, the Reserve Bank’s decision to keep rates on hold, Trump’s unworkable tariffs on foreign films, and how the government could actually address the housing crisis.

Use the code ‘podcast’ to get 50% off tickets to the Australia Institute’s Revenue Summit. Featuring Hon Steven Miles MP, Senator Larissa Waters, Senator David Pocock, Dr Kate Chaney MP, Greg Jericho and more, the Summit is on Wednesday 29 October at Parliament House in Canberra. Discount available for Dollars & Sense listeners while stocks last.

Dead Centre: How political pragmatism is killing us by Richard Denniss is available now via the Australia Institute website.

This discussion was recorded on Thursday 2 October 2025.

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

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

Show notes:

Release of Financial Stability Review – October 2025

 — Organisation: Reserve Bank of Australia (RBA) — 
Media release number 2025-29: The Reserve Bank of Australia (RBA) today released its October 2025 Financial Stability Review, providing a comprehensive assessment of the health and resilience of Australia's financial system.

The ANU’s hidden $90m budget surplus

 — Organisation: The Australia Institute — 

Audited accounts show that the ANU generated a $90 million surplus in 2024 and increased the value of its net assets.

However, the ANU’s leadership declared an ‘underlying operating deficit’ of $142.5 million in 2024.

This was by dismissing a lot of the revenue items recognised by the Auditor.

Analysis shows that to get from the audited surplus of $89.9 million to an unaudited deficit of $142.5 million, $232.4 million revenue has been left unaccounted for.

“If an organisation – as opposed to its auditors – chooses to ignore nearly one quarter of a billion dollars in revenue then the organisation’s financial result will appear one quarter of a billion dollars worse,” said Dr Richard Denniss, co-CEO of The Australia Institute.

“Our paper outlines items the auditor included, and that the ANU leadership rejected. It shows any argument that the ANU is in an unhealthy financial position is flimsy.

“If we believe the auditor, there is no crisis at the ANU.

“To be clear, as a government owned, not-for-profit entity, the ANU is under no pressure to maximise its profits so that it can maximise dividends paid to shareholders.

“On the contrary, when the ANU made a surplus of $89.9 million in 2024 it did so by spending less money on its students, staff and community than it received.

A Historical Perspective on Stablecoins

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

Digital currencies have grown rapidly in recent years. In July 2025, Congress passed the “Guiding and Establishing National Innovation for U.S. Stablecoins Act” (GENIUS) Act, establishing the first comprehensive federal framework governing the issuance of stablecoins. In this post, we place stablecoins in a historical perspective by comparing them to national bank notes, a form of privately issued money that circulated in the United States from 1863 through 1935.

Energy Security Is Sovereignty — And Nuclear Is Canada’s Advantage

 — Publication: Perspectives Journal — 

Canadians widely recognize the value of a stable power grid: households and industries need a growing base load energy system that can withstand the pressure of increasing electrification in the face of decarbonization, and nuclear power must be part of the equation. Without it, Canadians would struggle to keep the lights on or charge their electric cars and would need fossil fuels to keep the grid running. The importance of nuclear power was recognized and made clear at the 2025 Ontario NDP Convention, where labour unions, environmental activists, First Nations delegates, and the ONDP caucus came together to pass a modernized nuclear energy policy resolution. The resolution backed low emissions electricity, including hydro, renewables, and made-in-Canada nuclear, while reaffirming support for public ownership of energy. The Saskatchewan NDP is now looking to explore opportunities for building the province’s energy future, with a particular focus on advancements in nuclear energy to replace coal energy.

September 2025 Media Highlights

 — Organisation: The Australia Institute — 

From Senate Committee hearings to interviews, as well as reacting to everything going on in the news, check out a few highlights of our impact!

The post September 2025 Media Highlights appeared first on The Australia Institute.

The Australia Institute launches new documentary – Save Tuvalu, Save The World

 — Organisation: The Australia Institute — 

Save Tuvalu, Save The World can now be viewed publicly on YouTube.

In tiny, idyllic Tuvalu, there are no climate deniers. It’s impossible to deny what’s happening before your very eyes.

Sea water is pushing up through the land, destroying traditional crops and making the water unfit to drink. High tides are inundating the country, flooding the main island’s only airport, cutting Tuvalu off from the world.

“Tuvalu is ground zero for the global climate crisis,” said Stephen Long, filmmaker and Senior Fellow and Contributing Editor at The Australia Institute.

“No nation is more vulnerable than this small Pacific country.”

Save Tuvalu, Save The World looks at climate change through the eyes of those experiencing the consequences of climate change in their everyday lives, including young climate campaigner Gitty Yee, who visited Australia last week for three sold-out preview screenings of the documentary.

“I see myself as a climate warrior,” Gitty says.

“I fight for my country, and I fight for what we believe in. I fight for our right to live, our right to prosper, for our future generations.”

Can We Agree On the 4 Major U.S. Cities?

 — Publication: CityNerd — 

Social Democrats of the North: Médéric Lanctôt, Canada’s First Social Democrat

 — 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.

Some thoughts on persuasion

 — Author: Patricia Roberts-Miller — 
train wreck

A friend asked a question about whether there is research on whether some people are more receptive to some communication styles and more resistant to others.

And there short answer is: a lot. There are scholars working on that question in advertising, political communication, health communication, political psychology, social psychology, argumentation, cognitive psychology, logic, interpersonal communication. Hell, Aristotle makes claims about what styles are more appropriate for various audiences (and rhetors).

What Military Accountability for COVID Looks Like

 — Organisation: The Claremont Institute — 

Roughly a year before President Trump was inaugurated for the second time, I joined a group of 230 veterans in signing the Declaration of Military Accountability. It seeks justice for the violation of military members’ rights of conscience during the COVID era and calls for steps to be taken to make amends for abuses of command authority. Having lived through the terror of weaponized institutions being directed at us and our loved ones, those of us who are calling for a return to constitutional rule in the Armed Forces have no interest in an inquisition. It is not a technique we wish to make part of the American tradition. But systems of law remain trustworthy only when they uphold and administer justice.

There are three basic camps among top military management that enforced the Pentagon’s illegal shot mandate.

The Concerned Institutionalists had reservations about the legality and ethics of the Department of War’s COVID policies and enforced them with mercy and flexibility for those under their charge. They recognized that shot, mask, and testing mandates were morally suspect and tempered enforcement with sympathy. Though these supervisory officials personally adhered to immoral policies, they avoided acting in punitive ways toward subordinates who had moral and ethical concerns.

Australia Institute Executive Leadership Update

 — Organisation: The Australia Institute — 

The Australia Institute board is pleased to announce Leanne Minshull has been named as co-Chief Executive Officer.

Leanne will be working in the role alongside Dr Richard Denniss, who will also serve as co-Chief Executive Officer.

Formerly the Institute’s Strategy Director, Leanne has built an extensive network across political, advocacy, and business communities, working as a senior strategist in social, environmental, not-for-profit, and political sectors.

Quotes attributable to Australia Institute Board Chair, Dr John McKinnon:

“The board is thrilled to have such capable and experienced leaders within the Institute, and under the leadership of Richard and Leanne we can ensure we remain effective as we continue to grow.

“The Australia Institute is nation’s most consequential think tank, and with more than 50 staff working on multiple projects and initiatives, we are one of the country’s most high-impact organisations.

“We look forward to the next chapter in the Institute’s development and our growing role in helping shape the future of the nation.”

Quotes attributable to Australia Institute co-Chief Executive Officer, Richard Denniss:

“I am thrilled Leanne has agreed to take on the role of co-CEO.

“Leanne brings a wealth of experience to the organisation, through decades of working to make Australia a fairer place across politics, policy, and advocacy.

Know China, know its people. Australians should get to know the real China.

 — Organisation: The Australia Institute — 

The list has been compiled by Dr Frank Yuan, Postdoctoral Fellow at The Australia Institute, who insists China is far less mysterious and scary than most Australians might think.

In fact, he says, beyond daily news references to China’s economic and military power, there are countless stories of successful Chinese business tycoons, entertainers, journalists, academics and government officials – many with deep connections to the west.

There’s the tech mogul who flew too close to the sun, the “wolf warrior” journalist who once described Australia as “chewed gum stuck on China’s boot” and the global pop star who could teach Taylor Swift a thing or two.

The paper – Today’s China in Seven Life Stories – urges Australian to get to know the woman behind the face on the label of their favourite chili sauce, the energy tsar helping transform China into a renewable energy superpower and the theoretician who’s shaped China’s foreign outlook under three Presidents.

“China is a surprisingly cosmopolitan society. It is full of countless rags-to-riches stories as part of the astounding economic development it has experienced since the 1980s,” said Dr Frank Yuan.

“Many Chinese elites have not only visited western countries, but even educational or professional connections with them. Increasingly, popular culture in China is also becoming part of the globalised pop culture.

Will Australia step up on the global stage?

 — Organisation: The Australia Institute — 

On this episode of Follow the Money, Dr Emma Shortis and Glenn Connley discuss Anthony Albanese’s major diplomatic tour, the US Defense Secretary’s concerning warning to his top brass, and why the Trump-Netanyahu peace plan seems “doomed to fail”.

You can sign our petition calling on the Australian Government to launch a parliamentary inquiry into AUKUS.

After America: Australia and the new world order by Emma Shortis is available via Australia Institute Press.

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

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

Show notes:

After America, the Australia Institute

The United States of Flying Carp

 — Author: Sarah Kendzior — 

I slunk into the house, body bloodied and T-shirt torn, failing to go unnoticed. My son looked up from his video game of bedraggled freaks. The real deal had arrived.

“What happened?”

“Nothing,” I muttered, peeling a bandage from my arm. Deep cut shaped like a scythe or a smile, two dark blue steady growing bruises above.

“Bruh Mama,” my son said with concern.

Bruh Mama is my name. It is a Gen Z honorific, like Friar Tuck.

“That’s not nothing. What’d you do?”

“Went to the lake.”

“What happened at the lake?”

“You don’t want to know,” I said. “You’ll lose all respect for me.”

“Um…” he said, firing teenage ellipses like bullets, and I said, “Hey!”

“Respect, Bruh Mama,” my son said solemnly. “I respect you.” Grains of sand fell from my hair like little lost pieces of dignity.

“OK, I’ll tell you,” I said. “A giant flying carp hit me in the face and knocked me half out of my kayak into a fallen tree which trapped me with branches like claws and as soon as I broke loose, the goddamn carp flew back and smacked me again.”

This Is Charlie Kirk’s America

 — Organisation: The Claremont Institute — 

“Now that everyone has seen the blatant white Christian nationalism on display at the Kirk memorial/political rally, here are some resources to help you learn more and resist more effectively.” This sentence was posted on X by Jemar Tisby, a protégé of the huckster Ibram X. Kendi. Tisby followed up that observation by helpfully pointing people to his own book, Color of Compromise: The Truth About the American Church’s Complicity with Racism, as a manual to combat the grave evils they had just witnessed in State Farm Stadium.

That Tisby would think to write and then publish this sentiment about Charlie Kirk’s memorial service shows the depths to which the Left has sunk. They are categorically rejecting the bonds of civic friendship that are necessary to keep our country whole. Instead of centering “whiteness,” they center race-based narcissism, envy, and pride, the modern Left’s unholy trinity.

Calming the Panic: Investor Risk Perceptions and the Fed’s Emergency Lending During the 2023 Bank Run

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

What Makes a People?

 — Organisation: The Claremont Institute — 

Andrew Beck’s “Assimilation and Its Discontents” helps us understand why assimilation is an urgent concern. Anthropologists and historians make it clear that human beings, from bands of hunter-gatherers to modern nation-states, have always lived in sociopolitical groups that were distinct from one another. This enduring, fundamental reality elevates the importance of determining each group’s far edge. Who’s in and who’s out? And by what standard do we make this distinction?

The United States of America has been not only one of the most heterogeneous social orders in human history, but also one of the most successfully heterogeneous. Even in America, however, there is a limit beyond which heterogeneity renders a nation incoherent in both senses of the term: it doesn’t make sense; and it can no longer hold together as a single sociopolitical entity wherein Americans feel they have important ties and obligations to one another for no reason other than a shared national identity. To exceed that limit, Beck warns, invites the collapse of our nation into “fractious, tribal chaos.”

2025 Triennial Survey of Foreign Exchange and Derivative Markets

 — Organisation: Reserve Bank of Australia (RBA) — 
Media Release Number 2025-28: The Reserve Bank of Australia has today released a summary of findings from the latest triennial survey of turnover in foreign exchange (FX) and over-the-counter (OTC) interest rate derivatives markets that was conducted in the Australian market in April 2025.

09/30/2025 Market Update

 — Organisation: Applied MMT — 

Reading the Panic: How Investors Perceived Bank Risk During the 2023 Bank Run

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

Liberalism Über Alles

 — Organisation: The Claremont Institute — 

Over the past few decades, countless “rules” or “laws” have been coined to describe the murmurations of internet behavior. One of the most enduring of these is Godwin’s Law, which holds that as an online discussion continues, the probability of a comparison involving Hitler or the Nazis approaches one. This “law” is as much a joke as a thesis, but the universality of the reductio ad Hitlerum suggests something fundamental to public thought.

When Russia invaded Ukraine, they played the role of Hitler. Ukraine, too, needed to be de-Nazified. On October 7, Hamas recreated the Holocaust. Now Israel is smeared as a génocidaire. Gun control, porn bans, or HOA bylaws—it’s all fascist. Be they strict teachers or world leaders, everyone is someone’s führer. For Alec Ryrie, this rhetorical cliche is proof that the West has chosen Adolf Hitler as its primary moral reference point, replacing Jesus Christ.

This claim was argued in 2021 by another British historian, Tom Holland: “Today, when we ask ourselves ‘what would Hitler have done?’, and do the opposite…our forebearers…wondered ‘what would Jesus have done,’ and sought to do the same.” Ryrie agrees: “Crosses and crucifixes have lost most of their power in our culture. It is possible to play with them, even joke about them, and no one really minds. Not so with swastikas.” Renaud Camus has described Hitler’s role as a moral symbol as his “second career.”

New Video: Save Tuvalu, Save the World

 — Organisation: The Australia Institute — 

In the Pacific island nation of Tuvalu, sea water is being pushed up through the land, destroying traditional crops and making water unfit to drink. Tuvalu’s low-lying islands and atolls could become unliveable within decades, and without urgent action, it is a fate that could be shared by other Pacific nations, and Indigenous people in the Torres Strait islands.

A new documentary highlighting the devastating impact of climate change on the Pacific Island nation of Tuvalu has been previewed in Melbourne, Sydney and Canberra. Save Tuvalu, Save the World is presented by Walkley Award-winning journalist and former ABC Four Corners reporter Stephen Long, and tells the story of a country on the frontline of rising seas.

The screenings drew strong interest from audiences keen to better understand the human consequences of global warming. Each event featured a Q&A session with Long and climate campaigner and Tuvalu resident Gitty K Yee, who shared personal insights into the challenges Tuvaluans face. In Sydney, the discussion also included City of Sydney Councillor Jess Miller, adding a local perspective on climate action.

Celebrating 50 Years of Political Economy at the University of Sydney

 — Publication: Progress in Political Economy — 

Thursday 23 October 6:00pm
The Sibyl Centre, The Women’s College
University of Sydney

It takes a city: Building coalitions across the Finnish city government ecosystem

 — Organisation: UCL Institute for Innovation and Public Purpose (IIPP) — 

By Jack O’Connor, Anjali Parikh

Source: Tapio Haaja, Unsplash

In June 2025, the Public Sector Capabilities Index team at the Institute for Innovation and Public Purpose (IIPP), travelled to Finland to learn more about Finnish city government capability building. In this blog, we explore some of the ways in which these city governments build coalitions with external actors and offer some key lessons for other cities to build and sustain these partnerships.

Challenges facing cities

The multiplicity of challenges facing urban areas in Finland are no different than those in other parts of the world: climate pressures, housing affordability, inequality. With the prevalence of these challenges increasing, so too is the importance placed on city governments to effectively address them. Finnish city governments are proactively building coalitions and partnerships to tackle them.

RBA banks on higher unemployment, more pain

 — Organisation: The Australia Institute — 

Greg Jericho, Chief Economist at The Australia Institute, describes the decision as “very cruel”, ensuring more pain for those struggling with high mortgage repayments and more job losses.

He says all the key economic data supported another interest rate cut, which would have given them much-needed relief after three years of pain.

“The Reserve Bank has once again chosen to be content with rising unemployment,” said Greg Jericho, Chief Economist at The Australia Institute.

“While there have been some signs of improved household spending, the major reason for the increase has been the recent interest rate cuts, rather than an underlying strength in the economy.

“The last recent GDP figures showed the economy still growing at barely half the long-term average, while unemployment has been rising steadily for all of this year.

“The opportunity to lock in unemployment at 4% is fast disappearing due to the Reserve Bank believing there needs to be more people unemployed in order to keep inflation below 3%.

“For those Australians forced to live in poverty on Jobseeker, this is a very cruel decision.”

The post RBA banks on higher unemployment, more pain appeared first on The Australia Institute.

It's Time to Fight Back Against Trump's Fascist Regime (w/ Ralph Nader) | The Chris Hedges Report

 — Author: Chris Hedges — 

This interview is also available on podcast platforms and Rumble.

Are you a worker? Yes. Are you a consumer shopper? Yes. Are you a taxpayer? Yes. Voter? Well, sometimes. Are you a parent? Yes. Are you a veteran? Sometimes. Well, how can you say you’re a nobody? You know things about those roles. You’ve experienced them. You’ve been frustrated. If you lie to yourself to be a nobody, you’re going to be treated like a nobody. You’re going to be treated like someone who doesn’t count, someone who doesn’t matter, somebody who can be disrespected, someone who can be ripped off, somebody who could be underinsured, somebody who can be suppressed.

Statement by the Monetary Policy Board: Monetary Policy Decision

 — Organisation: Reserve Bank of Australia (RBA) — 
At its meeting today, the Board decided to the Board decided to leave the cash rate unchanged at 3.60 per cent.

Class and Dependency in Cultivating Socialism

 — Publication: Progress in Political Economy — 

Rowan Lubbock’s Cultivating Socialism: Venezuela, ALBA and the Politics of Food Sovereignty is an important book for understanding the agrarian dimensions of Venezuela’s socialist experiment and the ALBA regional integration project at both the theoretical and empirical levels. The rise of Food Sovereignty as a central organising demand for agrarian movements in Latin America in recent years raises several questions: who is sovereign? sovereignty over what? from what? To address these questions, Lubbock develops a class-relational conceptual framework for understanding modern sovereignty as an ‘historically specific combination of rights and territory – or the right to exploit labour and the territorial organization of social production’ (p. 9). From this, the struggles within food sovereignty are conceived as projects seeking ‘self-directed labour and cooperative territorial organization’ (p. 9).  This enables Lubbock to analyse the difficulties faced by diverse agrarian movements in very different local and national circumstances as ‘the strategic necessity of confronting the duality of modern sovereignty – condensed within spaces of capitalist production and the capitalist state itself’.

Why Aren't the GOP's 7th District Candidates Talking About Farmers?

 — Author: Betsy Phillips — 
Farmers are warning of an impending 'Farmageddon' due to Trump's tariffs. Why aren't Republicans addressing it?