In the United States, cause for celebration. Their budget is now guaranteed. Continue reading Yule know when it’s taper time.
Australia: Rich and in denial
Australia, you are rolling in it. You’re loaded. Flush. But you don’t seem to realise. Continue reading Australia: Rich and in denial
How to turn holidays into cash
If I was going to make an investment or start a business in this economy, there’s only one industry I’d be looking at. Continue reading How to turn holidays into cash
LA face, Oakland booty: The case against stamp duty
Round here, the houses are distended at the rear. Continue reading LA face, Oakland booty: The case against stamp duty
DETROITELAIDE?
Australia’s car industry is leaving the party. Ford has said its goodbyes, Holden hasn’t announced it as such but it has put on its jacket and is looking for its keys. Continue reading DETROITELAIDE?
One way to save the news.
I worked for the last three and a half years for a newspaper called the Financial Review. Cover price is $3.30 and a full price online subscription costs $A680. That’s high. Continue reading One way to save the news.
Are SUVs making our streets safer?
That could be the conclusion you’d draw if you looked at the statistics for 2013. Continue reading Are SUVs making our streets safer?
Launching a drone attack on the most boring concept in economics.
Overnight, Amazon chief executive Jeff Bezos has released a plan that has the whole world talking. The online shopping company plans to deliver goods by drone. Continue reading Launching a drone attack on the most boring concept in economics.
What have I been up to?
What follows is a snapshot of my work over the last three years at the nation’s best finance paper:
All these stories are out from behind the famously high AFR paywall, so click freely!
Antimetabole – a language trap
Treasury Island – Nauru (6000 words – not only my longest but my best story ever)
How being wrong perpetuates itself
Game Theory and the labor leadership
Five reasons for an economic rationalist to vote Green
How the romance of trains trumps the practicality of buses, and why that’s bad
The 96 tram is an economic powerhouse
Leak highlights losses for Pie Face
How New Zealand is beating us to the next wool bonanza (magazine feature)
Learning second languages in school is a waste of effort and practically impossible anyway
Journalists in Australia retain copyright to their work, but it only applies to replication in books. When that clause was written, I bet there was no other way to reproduce a newspaper story. Now in the internet age, the newspaper’s power is much higher. Sadly, hat means I can’t post any work from the paper directly to the blog.
Should we kick out Tasmania?
Tasmania is struggling to keep up. Continue reading Should we kick out Tasmania?
Why bitcoin bites
Bitcoin‘s incredible surge past $US1000 ($US1097 at time of writing) has markets agog. The peer-to-peer crypto-currency is hotter than summer right now. Continue reading Why bitcoin bites
Rudimentary: An arts graduate’s adventures in Real Work.

Continue reading Rudimentary: An arts graduate’s adventures in Real Work.
SOUTH BY SOUTHWEST BY REGRET
[A version of this post also appeared over at the Warner Music blog, Cool Accidents]
I’m having a beer with a priest in Texas. This is South by Southwest, undeniably the world’s biggest and probably its best music festival. Continue reading SOUTH BY SOUTHWEST BY REGRET
What happened to this blog?
Its authors have put it in abeyance.
One of us got a media job that meant maintaining this was a) frowned upon b) hard to keep up anyway.
Thanks to all our readers, regular and transient, and you never know when this blog will be back!
TTTE
If the Contador positive proves anything it is this…
I don’t intend to get into all the details. But it seems as though something was in Contador’s blood that should not have been.
However, I do plan to hypothesis the source of the positive test, because many in the cycling media seem to be unable to make this connection. But first, here is a grab bag of quotes from Contador’s defenders:
(1) The amount was so small that it could not possibly have a benefit.
(2) Taking such a drug at such a late stage in the race could not possibly have a benefit.
(3) The drug was not present in any other samples during the race. This must be an anomaly.
(4) Why would I take a drug that is so easily detected?
I believe that Contador did not take the drug during the race. But he almost certainly popped a couple of blood bags into his arm on one or two occasions.

That is the most likely source of these trace amounts.
As a bit of history, when Floyd Landis was charged with doping testosterone in the 2006 Tour de France. His defenders made these exact claims. Testosterone is the sort of drug you take in training to boost muscle growth, you don’t take it midway through a race. I have since read that Landis, although admitting to doping throughout his career, still claims to have no idea what caused his testosterone positive during the 2006 race.
Since the positive test is irrefutable, because Landis’ sample contained what is undoubtedly synthetic testosterone. Landis is right to ask “where did it come from?”, the impolite response is “Blood doping, fool!”
Blood doping with your own blood is virtually undetectable. It is probably the safest way to dope these days. But you must be organised, because you need to build up a stockpile of blood for your use in the future. I am sure that people who are smart and have good advice, ensure that there blood bags are nice and clean. But, if a few of your bags go sour, you might need to grab some from an older batch, when perhaps you were not as careful.
Contador has ridden for a number of teams where blood doping was commonplace (Liberty Seguros, Discovery, Astana). I am willing to accept that the contaminated meat theory might be true, but I think contaminated blood bags is far more likely.
Putting the word out for a Kerry O’Brien YouTube montage
Because I don’t want to alienate our international audience, I will briefly explain who Kerry O’Brien is. He is an Australian television journalistic institution. Part Walter Cronkite, part Edward R. Murrow. If an Australian says “Ol’ Blue Eyes”, they are more likely referring to Kerry O’Brien than Frank Sinatra. Continue reading Putting the word out for a Kerry O’Brien YouTube montage
Thoughts from the election
1. Is the biggest story of the election the end of the National party…? If the Labor party is governing for the regions, what’s the niche for the Nationals? Continue reading Thoughts from the election
I desperately need a single mother’s trick for teeth whitening!
I suspect our friends at Google have updated the algorithm that decides what ads I should be shown on the internet. Continue reading I desperately need a single mother’s trick for teeth whitening!
Will the independents fall out of love?
You remember Independence Day? A crappy movie that is much referenced but rarely watched, which stars Will Smith and alien spaceships. Continue reading Will the independents fall out of love?
