What’s more disappointing: the budget or Donald Trump?

May 5, 2016

From Morgan Begg

The failure to cut spending in Tuesday’s budget is leading us down the path of “European-style economics“, as John Roskam said in an email to IPA members on Tuesday night.

Immediately following the budget lock-up, the IPA’s Mikayla Novak asked, “if not now to fix the budget, when?

The IPA’s Brett Hogan also slammed the government for using superannuation taxes to control runaway spending, saying it “sends a message to everybody that their investments may be safer elsewhere”. Speaking of runaway spending:

At least the sky isn’t falling in – unless you’re the UK-based Global Challenges Foundation and you think people are five times more likely to die in an apocalypse than in a car. The American Enterprise Institute should take note for the next time they collect the most spectacularly wrong predictions by environmentalists.

Breaking news – the anti-discrimination case against Archbishop Julian Porteous has today been dropped. John Roskam wrote in the Australian Financial Review last October why the case being allowed to go this far is so dangerous to freedom of speech.

Who would have guessed that Donald Trump would be the Republican presidential nominee? Well, Heyreaders may recall I noted nine weeks ago that Trump wouldn’t just be the nominee, but would be elected president in November. If you ignored my endorsement of Scott Adams’ prescient blog –dilbert.com.au – then, check out his post on Tuesday on how Clinton is already getting “persuasion” wrong.

If you liked that Leicester City won the Premier League this week, read this from FiveThirtyEight. If not, read this from The Spectator. Or if, like me, you didn’t know Leicester had a soccer team, you should revisit Ann Coulter’s column from the last World Cup on why soccer is such a terrible sport.

Last week, a PC mob disrupted a US college forum which asked whether political correctness had gone too far. Well, question answered. It’s a shame these campus radicals weren’t present to hear – of all people – former New York mayor Michael Bloomberg’s address to the University of Michigan on why bowing to “safe spaces” and “trigger warnings” is such a terrible mistake.

The Cato Institute’s Johan Norberg explored Adam Smith’s ideas on morality and economics in this fascinating new two-part documentary: Who was the real Adam Smith?

In the April edition of Standpoint, Nick Cohen had an excellent article on what a lefty and ridiculously overrated novelist John le Carré is.

The long read for this week is this 5,000 word essay by former WA supreme court judge Nicholas Hasluck on how judge-made law is incompatible with the rule of law, which appeared in the May edition of Quadrant.

Australia might be about to get its own Boaty McBoatface. Environment minister Greg Hunt announced that there will be a public campaign to name a new ice-breaking vessel. We’re throwing our support behind Ice Ice Breaky.

Struggling for reading material for your child? Check out Mother Owl’s Kids Guide to Climate Change, which was dedicated to our dear friend the late Professor Bob Carter.

Chris Berg’s latest book, The Libertarian Alternative, was released this week. You can read anexcerpt that was published in the The Weekend Australian. You can order a copy for yourself here.

Op-ed of the week

In The Times on Monday, the excellent Matt Ridley condemned the many attempts to stifle free speech in the climate change debate.

IPA Staff Pick

Each week an IPA staff member shares what they have enjoyed recently. Today: Nick Jarman.

At 432 pages, The Ascent of Money by Niall Ferguson might seem intimidating, but it is a digestible crash course in the financial history of the world, from the Spanish conquistadors to the GFC.

Part one of the BBC’s six part documentary from 2008 based on the book can be seen here:

Here’s what else the IPA said this week:

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