I thought I was used to change in Shanghai, a metropolis that’s been in a constant state of flux since I moved here in 2000. But I was still taken aback last autumn when I returned from a couple of months away and went for a stroll in my local neighbourhood.
Articles from Inside Story
In 1981, when I was writing my doctoral thesis at ANU’s Research School of Pacific Studies and he was professor emeritus in anthropology, Derek Freeman and I often arrived at our offices before any other staff or students. We would chat briefly, almost invariably about Freeman’s forthcoming book, Margaret Mead and Samoa: The Making and Unmaking of an Anthropological Myth.
In Getting Rich First: Life in a Changing China, the China-based journalist Duncan Hewitt describes a visit he made to IKEA’s new Beijing store shortly after it opened in 1999. He marvels at the enthusiasm of the crowds, and interviews the equally fervent store manager. “It’s amazing,” says Mr Gustavsson.
South Australian state politics received a palpable shock six weeks ago when Newspoll produced a stellar result for Nick Xenophon. His new party, SA Best, scored 32 per cent of the primary result (among the 800 people polled), with the Liberals trailing on 29 per cent and Labor on 27 per cent.
Older generations might panic about the perceived ignorance of history among the young, but the historical activities found in every corner of our culture provide a striking counterpoint. Family history never stops booming. Anzac history is driven both by feelings of national pride and by family pride among those whose relatives fought in Australia’s wars.
Glyn Davis is a political scientist by trade and a vice-chancellor by occupation. His latest book is an effort to find a way through a particularly knotty public policy problem, a view from the apex of the system, and the latest shot in a battle that began thirty-odd years ago when the high-prestige universities realised what federal education minister John Dawkins was up to.
In La Foa, about 100 kilometres north of Noumea, a monument erected in 2003 is inscribed with the declaration made by a French naval commander on taking possession of New Caledonia for Napoleon III a century and a half earlier. It makes no mention of the indigenous population.
As bitcoin and other cryptocurrencies increasingly become part of the mainstream financial system, traded on futures markets and supported by loans from commercial banks, a central question has moved from the realm of academic debate to that of immediate policy concern. What is the true value of bitcoin?
Economic textbooks have long claimed that policy-makers face a trade-off between efficiency and equity — they can increase the size of the economic pie or they can ensure it gets shared more fairly. Yet America today faces the worst of both worlds: inequality has grown and the economy is stagnant. What’s gone wrong?