The available empirical evidence indicates that the distribution of private income in Australia is polarising. While there are a number of factors underlying this trend, it is clear that the dramatic swing to "economic rationalist" policies since the mid 1980s has been a major cause of the...

This paper investigates the distributional and efficiency implications of a tax-mix change involving a reduction in personal income taxation financed by a board based consumption tax.

The currently fashionable theory of self-organisation has its origins in statistical physics. Many believe that the underlying physics model, which is based on inanimate systems, can be employed to explain and predict the emergence of social structures, even of history itself. Some are even...

The ultimate objective of theorists studying living systems is to construct a general theory of life that can explain and predict the dynamics of both human and nonhuman systems. Yet little progress has been made in this endeavour. Why? Because of the inappropriate methods adopted by complexity...

This essay attempts to quantify and explain the economic performance of the Great South Land – later called Australia – from the first migrations some 60,000 years ago to the present, and beyond. A general dynamic theory – the ‘dynamic-strategy’ theory – has been employed to provide...

The “crisis exaggerators” are telling us that current economic conditions amount to an “unprecedented” global economic recession. This is historically incorrect. What is unprecedented is the degree to which economic commentators and political leaders are talking up economic downturn....

Mankind currently is not only facing a major environmental challenge, it is embarking on a hugely risky enterprise — that of climate mitigation. This unprecedented global adventure is an attempt to change the nature and shape of human society on the grounds that our traditional market system...