Articles by Peter Martin

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Australia: Economic Forecasters Lose Their Way in Extreme Weather
Peter Martin – BusinessDay, 9 Jan 2012

WHO would have thought it? Certainly none of the 20-odd members of the economic forecasting panel this time last year. The rate of inflation turned out to be higher than the highest of their predictions, the budget deficit bigger than the biggest, and the sharemarket far lower than all but two thought likely. It is trite to say it, but they did not know what was coming.

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End of the Pro-democracy Pretense
Peter Martin – BusinessDay, 9 Jan 2012

A central staple of American domestic propaganda about its foreign policy is that the nation is “pro-democracy” — that’s the banner under which American wars are typically prettified — even though “democracy” in this regard really means “a government which serves American interests regardless of how their power is acquired,” while “despot” means “a government which defies American orders even if they’re democratically elected.”

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