It’s pretty strange that you have a country in the middle of arguably the greatest export boom of all time—and you’re running a current account deficit. The trouble is, despite its continental size, Australia is small in terms of population. It is hard for an economy of this size to produce the diversity of goods available in the world. There are not enough human resources for a truly diverse economy…
June 4th, 2008 | Dan Denning | 2 comments | Continued Our DR Global Editions: 
Friday, November 21st, 2008
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2008-11-20 18:10 Most Comments
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re: why not live in a mud hut? above
being from the country im biased and cant help but laugh at ...
Paul | 21Nov08 | More -
"They are likely to want to cooperate with the world's new institutions"
How very true and sad. Americans no longer ...
Greg S. | 21Nov08 | More -
I am heartened reading all the above. I also believe Friedman gets a bum wrap, especially from the point ...
Ross Delaney | 20Nov08 | More -
The views of Marx and Mises are not mutually exclusive.
Marx and the "utilitarian liberals" and Labour Movements of ...
Coffee Addict | 20Nov08 | More -
The Club of Rome predicted that economic growth could not continue indefinitely because of the limited availability of natural resources, ...
Peter Carvapai | 20Nov08 | More -
"People who oppose short-selling should take a course in contract law."
First, in every economic panic the experts point the finger ...
ralph hill | 20Nov08 | More -
Agree. That's why this is an excellent time to invest in oil.
Curt | 20Nov08 | More -
I would suggest that the Western world send its money oracles to Zimbabwe, to learn first hand how to deal ...
Jon Bain | 19Nov08 | More -
Until you acknowledge this :http://www.poseidons.net/air-wheel/alternative-flight.htm the world is going nowhere.
Jon Bain | 19Nov08 | More -
Ross,
Socialism has to do with the ownership of the collective means of production and, therefore, is about what to produce ...
Peter Carvapai | 19Nov08 | More
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re: why not live in a mud hut? above
being from the country im biased and cant help but laugh at ...
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