Discounting for short-term benefits and costs (within say 20 years), or for purely commercial investments, is theoretically uncontroversial. Discounting for investments that pay off over
read moreThe old saying, “time is money” is a reminder not to waste your hours when you could be getting on with making profits. However, it
read moreA Perth taxi driver last week was telling me about his holidays in Albany in the days before they closed the whaling station in 1978.
read moreGoing to Nana’s for Christmas in the 1960s was always a terrific treat. She was a good present buyer, and a good food provider. The
read moreNow and then I get involved in discussions with non-economists about the potential contribution of economics to improved environmental management. I find that the first
read moreElvis Costello is perhaps music’s greatest and boldest adventurer. From his home base in lyrically brilliant rock music, he makes forays into classical, jazz, country,
read more
Recent comments