POLICY Magazine

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Vol. 25 No. 1 (Autumn, 2009)

Vol. 25 No. 1 (Autumn, 2009)
OPINION: Apocalypse Now
William Coleman

Market systems survive their inevitable crises.

FEATURE: Classical Liberalism and International Relations
Edwin Van De Haar

Classical liberal ideas apply between states as well as within states, explains Edwin van de Haar.

FEATURE: Medical Training: First Farce then Tragedy
Steven Schwartz

We need to find a way to allow market signals, rather than central planning, to determine how many doctors we need.

FEATURE: Blaming Greenspan: Monetary Policy, the Housing 'Bubble' and the Credit Crisis
Stephen Kirchner

Monetary policy alone cannot explain the US housing or financial crisis. In the context of globally integrated capital markets, long term interest rates are likely to reflect global influences as much as domestic policy.

FEATURE: Fusion: The Party System We Had To Have?

A hundred years ago, the fusion of the Protectionist and Free Trade parties created the party system that still dominates Australian politics, writes Charles Richardson.

FEATURE: Liberalism and Hate Laws: Toleration versus Tolerance

Attempts to create interpersonal tolerance undermine state toleration, writes John Shellard.

ROSS PARISH ESSAY: Liberty, Time Preference and Decadence
Ben O'Neill

It is the welfare state—not liberty—that fosters decadence, says Ben O’Neill

FEATURE: Rethinking Professional Regulation
Krystian Seibert

Competitive professional regulation would lead to lower costs for consumers.

ROSS PARISH ESSAY: Does Liberty Lead to Decadence?
Misha Saloukvadze

The liberty to be decadent should be valued. The empowerment of the individual to make that choice, to be allowed to lead a decadent lifestyle, should be viewed as another valuable experiment in how to live best.

FEATURE: How Not to Solve a Crisis

Mistakes by policymakers and regulators accelerated the financial crisis, argue Bill Stacey and Julian Morris.

BOOK REVIEW: Not With a Bang But a Whimper: The Politics and Culture of Decline
Leon Di Stefano

Not with a Bang But a Whimper: The Politics and Culture of Decline by Theodore Dalrymple (Monday Books, 2009).

BOOK REVIEW: The Gridlock Economy
Nikki Macor

The Gridlock Economy: How Too Much Ownership Wrecks Markets, Stops Innovation and Costs Lives by Michael Heller (Basic Books, 2008).

BOOK REVIEW: Why Not The Best Schools? What We Have Learned From Outstanding Schools Around The World
Jennifer Buckingham

Why Not The Best Schools? What We Have Learned From Outstanding Schools Around The World By Brian Caldwell and Jessica Harris (ACER Press, 2008).

BOOK REVIEW: Calculating Political Risk
Malcolm Roberts

Calculating Political Risk by Catherine Althaus (UNSW Press 2008).

BOOK REVIEW:The Henson Case
Benjamin Hourigan

The Henson Case by David Marr (Text Publishing, 2008).

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