Posts Tagged ‘the market’

Uncertainty doesn’t bother “the market” at all

Written By: - Date published: 7:02 am, October 3rd, 2017 - 57 comments

There is no “strong and stable” government to “lead” us. Maximum uncertainty! No end in sight! According to received wisdom (and all those people in a self-interested rush to ordain the born-to-rule-party) the market should be panicking! In fact…

Ghost houses and the invisible hand

Written By: - Date published: 7:01 am, June 16th, 2015 - 243 comments

Auckland has an urgent deficit of 20,000 to 30,000 houses. Meanwhile 22,000 houses are sitting empty. Behold the efficiency of the market!

Monbiot on our misplaced faith in “the market”

Written By: - Date published: 11:22 am, April 25th, 2013 - 23 comments

Relevant in so many ways to current events in NZ, here are extracts from an excellent article by George Monbiot. Read the full piece in The Guardian or at monbiot.com.

I am the Markets

Written By: - Date published: 9:59 am, June 23rd, 2012 - 12 comments

“Markets have become increasingly concerned that the austerity programmes in the eurozone are causing a vicious circle of recession”, and “Markets were confused by mixed messages from European capitals”. I have only one word of reply: Bollocks. Did anyone phone me to ask how I, The Markets, was feeling about these subjects? Did they hell!

As Nero Fiddles…

Written By: - Date published: 2:00 pm, November 13th, 2010 - 74 comments

Climate change and a shoals of dirty little red herrings would seem to go together like salt and pepper or cheese and pickle.

The server will be getting hardware changes this evening starting at 10pm NZDT.
The site will be off line for some hours.