New ZealandÍs Flawed Growth Strategy Roger Kerr
The New Zealand governmentÍs goal of returning the country to the top half of the OECD income ladder requires sustained per capita economic growth in excess of 4% p.a. This cannot be achieved while total government spending equals 40% of the economy.

Turning Back the Tide Welfare Lessons from America Peter Saunders
Welfare reform in America has worked, and nobody there is any longer even debating whether to reinstate the old system. So why are Australasian social affairs intellectuals so keen to disparage American successes and to embrace continental European failures?

Reforming School Education Class Size and Teacher Quality Jennifer Buckingham
Research shows that effective teaching is far more important than the number of children in the classroom, suggesting that governments should not commit billions of taxpayer dollars to class size reduction as the recent ïVinsonÍ report into NSW public education recommended.

The Culture of Guilt Marian L. Tupy
Like welfare dependency in developed countries, aid dependency in developing countries has entrenched a ïhandoutÍ mentality„what was once seen as charity is now seen as an entitlement.

The Feminist Silence About Islam Kay S. Hymowitz
The feminist silence about the savage fundamentalist Muslim oppression of women stems from the way feminist theory has become mired in self-righteous sentimentalism, multicultural non-judgmentalism, and internationalist utopianism.

The Terror Trap Chris Leithner
Despite its high hopes and resolute rhetoric, the ïwar on terrorÍ is disturbingly similar to AmericaÍs ïwar on povertyÍ and ïwar on drugsÍ, and seems destined for the same ignominious failure.

Continental Drift: AustraliaÍs Search for a Regional Identity by Rawdon Dalrymple
Reviewed by A.D. McLennan

Globalisation and its Discontents by Joseph Stiglitz
Paradoxes of Prosperity: Why the New Capitalism Benefits All by Diane Coyle
Up the Down Escalator: Why the Global Pessimists are Wrong by Charles Leadbeater
Reviewed by Malcolm Roberts

Missing the Wood for the Trees A Reply to Hughes
Terry OÍBrien, Australian Treasury