Electricity privatisation in Australia – The record of failure for electricity privatisation in Australia has its genesis in ‘market liberalism’ and ‘economic rationalism’ that drove reforms in the Thatcher and Reagan eras in the 1980s & 1990s. Whilst these theories conflicted with all the evidence showing that public ownership of essential services that are natural monopolies is optimal, the theories are nonetheless used to justify selling off public assets. Actual fiscal analysis does not support that there any long-term benefits to governments from the sale of assets to pay down debt.
Frolick and Yap to solve climate change? – “Cedric Frolick is a respected South African MP and Susan Yap is a Congresswoman in the Philippines. Together, they are part of an initiative called the Global Legislators Organisation (Globe International), which brings together parliamentarians from 86 countries who are dedicated to advancing laws on climate change.”