Waiting for Amazon in Australia and other news and views

The Amazon Effect - Conversable Economist
One of the ongoing puzzles of the US economy in recent decades is why inflation has stayed so low. Even outgoing Fed Chair Janet Yellen has highlighted this puzzle. The "Amazon effect" may be part of the answer: basically, the Amazon effect is that a higher level of competitive pressure from the rising level of on-line retail sales is holding back price increases that might otherwise have occurred.
Saudi Arabia’s Arab Spring, at Last: The crown prince has big plans to bring back a level of tolerance to his society. - New York Times

Senior party figures express hope the ballot result will bring to an end the infighting
Law, Politics and Ideology: The Regulatory Response to Trade Union Corruption in Australia - UNSW Law Journal 

Europe at Its UgliestT: he Refugee Scandal on the Island of Lesbos - Der Spiegel
As winter arrives, the situation on the Greek island of Lesbos is unsustainable. Conditions at the refugee camps are horrific and island residents are tired of being left in the lurch by Athens and the EU.
With the loss of its caliphate, ISIS could turn even more reckless and radical - Washington Post

Muslims Are Often the First Victims of Muslim Terrorists - Bloomberg
The massacre in Egypt is only the latest grim reminder.

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