Economics

Chalmers Offers Australia a New Deal

It is going to be all right. The nasty people have gone. The good people are now in charge. Young, handsome, wise, thoughtful, caring Jim Chalmers is here to reassure you. It is all in the Monthly, a left-wing magazine with an advertisement for a Rolex watch on the back cover. The Rolex is described as “soothing, moving, empowering”. Just like Jim Chalmers. He titles his essay “Capitalism after the Crises”. He begins with some Greek philosophy: “No man ever steps into the same river twice. For it’s not the same river, and he’s not the same man.” It was…

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