Are we about to repeat the incidence of the Global Financial Crisis, about which I spoke with Michael Hudson and Steve Keen on 14 October 2009 at the Melbourne Town Hall?

…. THAT NOW CONFRONT US.

More ‘land taxers’ ….

WHY DO WE FAIL DO THIS? WHO DOES OUR STUPIDITY SERVE?*

ANOTHER OF THESE FINANCIAL COLLAPSES—THE WORST IN HISTORY?—IS ON THE WAY NEXT YEAR.

*WHERE ARE OUR ECONOMIC COMMENTATORS ON THE UPCOMING CRASH?

VIMMLBUTT AWAITS IN THE WINGS!

…. AND PAY YOUR TAXES!

…. BUT THEY FAIL TO FOLLOW THE PHYSIOCRATS’ ADVICE, UNFORTUNATELY.

The French are out in the streets again!

They may celebrate their Revolution, but the French never really ‘got it’.

Thomas Paine understood the economic advice of the French Physiocrats (via Nicolas de Condorcet) but stupid revolutionaries had him sent to jail, and headed for death, despite his support for the revolution.

It’s not just budget cuts, guys, it’s debt, taxes and land prices doing you in – as elsewhere in the west. And your Physiocrats had the answer: To experience abundance and prosperity, you need to tax land prices away and un-tax everything else!

Why not get it right this time?

…. anything to assist banking, real estate and media interests dependent upon pushing land prices and mortgages impossibly higher and higher.

David Spears silly questions of Treasurer Jim Chalmers continue on the ABC’s Insiders this morning: “Why aren’t you delivering a surplus budget?”

Such is overwhelming ignorance on deficit budgets being essential if economies are to be healthy, that Chalmers appears to accept the premise, saying he has previously delivered a surplus, since made great budgetary savings and also cut taxes. He dissembles: “Where are the additional cuts to come from?“

Realities expressed by the 1996 Nobel prize winner in economics, William Vickery, to the effect that surplus budgets commonly lead to recessions, are once again ignored: We must uphold the failed neoliberal approach that has brought the world to dire economic straits.