Latest Articles
From a perspective of some eighty years it is possible to misunderstand or underestimate the intensity of the fears—but also the hopes and aspirations—of the British people as they faced up to another colossal existential challenge, less than a full generation after what, it was now suddenly clear, had only been the first world war.
Sep 10 2024
11 mins
The Republican presidential contender is an acquired taste. Given the alternative, it's a taste persnickety conservatives should make the effort to acquire
Sep 09 2024
4 mins
The Paucity of Savings and the Global Financial Crisis
Robert Skidelsky and Paul Davidson are both renowned Keynesian scholars. Skidelsky has recently written a new book on Keynes (Keynes: The Return of the Master, Allen Lane, 2009) as has Davidson (The Keynes Solution, Palgrave Macmillan, 2009). Both books appear to have been inspired—if that is the right word—by the GFC.
Both Skidelsky and Davidson see relevance in Keynes, particularly in his emphasis on uncertainty, in understanding the cause of the GFC and in putting in place measures to mute future financial and economic downturns. Not surprisingly they see more involvement by regulators and government as being the answer.
Skidelsky and Davidson are not alone. For example, Nobel Prize winner Paul Krugman (The Return of Depression Economics and the Crisis of 2008) writes:
Once again the crucial question of how to create enough demand to make use of the economy’s capacity has become crucial. Depression economics is back … The answer, almost surely, is good old Keynesian fiscal…
Madam: Archbishop Fisher (July-August 2024) does not resist the attacks on his church by the political, social or scientific atheists and those who insist on not being told what to do.
Aug 29 2024
6 mins
To claim Aborigines have the world's oldest continuous culture is to misunderstand the meaning of culture, which continuously changes over time and location. For a culture not to change over time would be a reproach and certainly not a cause for celebration, for it would indicate that there had been no capacity to adapt. Clearly this has not been the case
Aug 20 2024
23 mins
A friend and longtime supporter of Quadrant, Clive James sent us a poem in 2010, which we published in our December issue. Like the Taronga Park Aquarium he recalls in its 'mocked-up sandstone cave' it's not to be forgotten
Aug 16 2024
2 mins
