IPA Review- May 2015

IPA Review- May 2015
Editorial - Aline LeGuen

Less is More

Featured Articles


Free Markets and Tolerance
Peter Gregory

Free Markets and Tolerance

If you’re an avid reader of the IPA’s Hey…What did I miss, you would have come across a recent article in The Conversation claiming Adam Smith was racist. In the opening sentence of The Wealth of Nations, Smith states that nations can consume only what they produce and ‘what is purchased with that produce from other nations’. Indeed, a major
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When Monopolies Work
Mikayla Novak

When Monopolies Work

When one of the leading participants in the development of the digital economy writes a book about the essences of business management, entrepreneurship, and innovation in the modern world, it pays to sit up and take notice of what he is writing. When the author happens to be Peter Thiel—the billionaire Paypal founder, investor in Facebook, LinkedIn, SpaceX and Airbnb,
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The Men Who Shaped America
Richard Allsop

The Men Who Shaped America

Anyone seeking to understand the tensions about the scope and size of government in modern democratic societies needs to have an understanding of the titanic struggle between Federalists and Republicans in the embryonic United States. While there were many important characters in these battles, including Presidents George Washington and John Adams, no individuals were more crucial in these seminal debates
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American Sniper
James Bolt

American Sniper

A boy stumbles towards a group of US marines. Chris Kyle (played by Bradley Cooper) watches him from above. The boy is holding something in a cloth, but Kyle cannot see what it is. The cloth comes loose momentarily and Kyle sees the boy’s grenade. He calls to base for instruction, but they cannot confirm what Kyle sees. He must
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Reforming Taxation Isn’t About Increasing Taxes
Peter Hendy

Reforming Taxation Isn’t About Increasing Taxes

In the United States they say that the states are the ‘laboratories of democracy’. What they mean is that a federal system—made up of a separate national government and numerous regional (state) governments—provides the opportunity for experimentation. The argument follows that it is experimentation that optimises the chance of the best mix of policies— in taxation, health and education provision,
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Chipping Away at Freedom
Simon Breheny

Chipping Away at Freedom

Australians’ legal rights are under an ongoing assault. Every year new laws are passed that undermine the principles of the legal system which are designed to protect our liberty. These principles are nonnegotiable, and in Australia they take the form of a collection of vital legal rights. These rights have developed over more than 800 years of English common law.
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Who’s Afraid of More Free Trade
Khalil Hegarty

Who’s Afraid of More Free Trade

There were few bright spots for the Coalition government in 2014, but trade was definitely one of them. Where the Gillard-Rudd governments had made overtures to Asia, spouting rhetoric about the ‘Asian Century’, Minister for Trade and Investment Andrew Robb turned it into something concrete. In a period of a few months, Robb secured trade deals with South Korea, Japan,
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Net Neutrality is Techno Socialism
Peter Gregory

Net Neutrality is Techno Socialism

Net neutrality is a grab-bag of cartoonish anti-corporate populism. The introduction of net neutrality rules by the US Federal Communications Commission (FCC) in late February is a threat to the freedom of the internet and its capacity for continued innovation and improvement. The key principle underpinning net neutrality, introduced by Colombia University Media Law Professor Timothy Wu in 2003, is
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Australia at the Crossroads
Patrick Hannaford

Australia at the Crossroads

At the onset of the 2008 financial crisis, Australia’s economy was the envy of the world. Economic reform and fiscal responsibility had unleashed Australia’s potential and the mining boom was in full swing. Six and a half years later and the outlook couldn’t be more different. Continual budget deficits have created record levels of debt and government red tape is
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Growth is Good
Christian Kerr

Growth is Good

Growth is good. Growth works. True: ‘growth works’ doesn’t sound as catchy as the first. But it’s quite hard to argue against either position. Liberal governments, state and federal, are forgetting these basic truths. Since the global financial crisis struck in 2008, capitalist liberal democracy has faced a crisis of legitimacy—a crisis exploited in full by its enemies. In Australia,
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Book Reviews


All IPA Review- May 2015 Articles