Ross Gittens in THE AGE today.
By exposing how the big rent-seekers have ripped Australians off, Gittens is rapidly moving himself upscale, away from the neoclassical dross, towards economists of the ilk of Mason Gaffney, Michael Hudson and Joseph Stiglitz.
There’s a very BIG difference between nationalising mining and getting the RENT for the mining leases, boyo.
absolute rubbish…..the miners need a profit or you will be living in a cave.
its like that idiot in venezuala now slashing margins on businesses and turning the country into a getto, a country with plenty of oil is being mine stripped by the marxists.