Henry Thornton Home Page
If half the world weren't idiots, the other half wouldn't make a quid."
TP Maher
Articles Articles
Comments Comment
Email Me Email

PD Jonson
Articles Articles
Comments Comment
Email Me Email

Louis Hissink
Articles Articles
Comments Comment
Email Me Email

Henry Thornton
Articles Articles
Comments Comment
Email Me Email

Gary Scarrabelotti
Articles Articles
Comments Comment
Email Me Email

Nick Raffan
Articles Articles
Comments Comment
Email Me Email
ALL CONTRIBUTORS
Henry Thornton - Contributors: A discussion of economic, social and political issues Paul Kerin
Paul Kerin is a distinguished professor at Melbourne Business School. Following his grounding in economics at the University of Adelaide, he earned a PhD in business economics at Harvard University. Paul has spent most of his career in business. Prior to joining MBS, he was Managing Director of AT Kearney (Australia and New Zealand).

Paul has penned columns for many years. His weekly column with The Australian focuses on the curly issues facing key decision-makers - directors, CEOs and politicians”. For more information on Paul, see: http://www.mbs.edu/go/person/paul-kerin.
 
Email Me Email   Request Second Opinion »
Taxpayers will pay the price for protection

THREE weeks ago, Industry Minister Kim Carr proudly announced the completion of ``our qua »

Author: Paul Kerin (1)
READERS' COMMENTS
 
Subject: Manufacturing Industry Assistance
Posted by: Friend of Paul
Date: 10/14/2008
Paul my friend,

you must be horrified by what is going on in America at the moment - particularly with the looming bankruptcies of General Motors, Ford and Chrysler.

When the US Government steps in and nationalises these companies - what on Earth are we then to make of the free market? Obviously all that free market rhetoric we hear from the US is nothing but BS and bluster.

I'm sure you'll agree, when these companies do go broke, the US must sell off the assets of these companies to Toyota, Honda, and whoever else can afford these assets and just accept that their car companies are simply unfit for business.

The recession has barely started and these companies are already struggling for car sales! Amazing, I give them all 6 months tops before they're all in Chapter 11 - at which point their assets should be liquidated to save the American taxpayer from yet more bailouts.

Let people choose: scrap compulsory super and subsidies

FOUR months before the All Ordinaries commenced its 51 per cent slide, I advocated scrapping comp »

Author: Paul Kerin (1)
READERS' COMMENTS
 
Subject: WHAT!!! Are you mad???
Posted by: Buff Stavrellis
Date: 2/24/2009
Scrap compulosory superannuation??? Why you think it was bought in to begin with???
But then again....'overspend now, milk taxpayers later' sounds good as people like ME are banking on the pension!!!
Ohhhhh and think of all the new shoes I can buy!!

A Maggie Thatcher needed for mess

THE Rudd Government's early complacency, which soon morphed into panic, and its ongoing pandering »

Author: Paul Kerin (1)
READERS' COMMENTS
 
Subject:
Posted by: David
Date: 11/5/2009
Well said Paul.

I agree that neither party has a coherent economic policy.

Here are some ideas that would instantly improve the country's economy.

1. Withdraw from the UN, WTO, IMF and World Bank. These world governments are a total waste of money and undermine Australia's economic sovereignty. We only need state and federal governments, not a world one.

2. Withdraw from Afghanistan, Iraq and all peacekeeping missions immediately. This alone would save billions of dollars.

3. Abolish the federal income tax and delegate tax powers to the states. National defense is the federal government's only responsibility and should be funded through tariffs.

4. End all foreign aid and put Australia first.

There should be less Government market intervention, not more

MANY claim that the Global Financial Crisis (GFC) has slain the most important economic theory of »

Author: Paul Kerin (1)
READERS' COMMENTS
 
Subject:
Posted by: David
Date: 9/26/2009
People who say we had a free market before the GFC are liars.

We should have let Lehman and all the other investment banks crash. They make billions by simply shuffling other people's money and expect to be bailed out.

The real problem is Western economies now depend on these banks for economic growth because we sacrificed our manufacturing industries to the Chinese. We also have governments that fight useless wars, send their taxes to third world basket cases via the IMF and destroy the value of currency through the Fed.

It's also revealing that government jobs have INCREASED since the GFC. Let's fire 15% of all bureaucrats right now and insist on balanced budgets

Showing 1 - 4 of 0
LOGIN
For member services:
Forgot Password?
FRIENDS OF HENRY
Roy Morgan Research »
Roy Morgan Research
Online Opinion »
Online Opinion
MacroBusiness Blog »
MacroBusiness Blog

Other sites we like »
MEMBERSHIP IS FREE
Membership to
henrythornton.com
is FREE and the benefits, are overwhelming!
  GOLDMEMBERSHIP  
ONLY AUD $55.00 pa
Show your real colours and signup as a
proud, card carrying friend of Henry
 
HOME | NEWS + Views | Economics | Politics | Investments | Corporate | SMERSH | Lifestyle | FORUM | SIGN UP
Sydney web design by Sydney web design by Wiliam web developer
© 2009. henrythornton.com Pty Limited. All Rights Reserved. The Herald Tribune is powered by the New York Times.