Masters of delusion

Article Abstract:

Senior corporate management and investors who captured a disproportionate share of the national growth compared with the new lumpenproletariat of wage and salary earners have become the big winners in Australia in 2004. It is suggested that the next few years would hand down judgment if the profits boom were based on good management of the senior managers in delivering Australia of its miracle economy or good luck.

Forecasts, trends, outlooks, Forecasts and trends, Market trend/market analysis, Business-to-business market, Business to business market

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Movers and Takers: Wealthy voters who already enjoy the largesse of the government can look forward to even more handouts from a returned

Article Abstract:

The concept of positional good is coined, it refers to goods that are desired by many but only available to the few. The economist Fred Hirsch's message was that locked up positional goods in the hands of minority who were rich would threaten the stability of the society.

Analysis, Economic aspects, Economic conditions

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