Since Time is Money - money representing a token of value for the time you spend doing something - in theory you should be able to substitute either one for the other, right? Like, if you had all the time in the world, you could in theory make the thing you’re buying instead of paying someone else to have made it. We can apply that to thinking about housing prices. After all, the price of a house should be proportional to how much it costs to build, right? ...
Jeff Goodell, for Rolling Stone: Climate Change and the End of Australia: As the Big Dry dragged on, rainfall declined in the southern part of the country, where most of the people live and the majority of the food is grown, fueling the risk of catastrophic bush fires. The reasons for this change in rainfall patterns are complex, but many climate scientists believe that the Big Dry was driven by subtle shifts in the structure of Australia’s atmosphere caused by the dramatic buildup of carbon pollution. “The storm track, which brings rain-bearing weather to Australia, has shifted a few degrees south,” says Karoly, the University of Melbourne scientist. “Rain that had fallen on southwestern and southeastern Australia now falls on the ocean.” Global warming, in other words, shifted the continent’s vital rainfall out to sea. ...
I’d say I’m not surprised that we ended up with a hung parliament given the disgraceful campaign we just had, but I’d be lying; the truth was I was expecting more would be swayed by Abbott’s message and we would end up with a coalition of dithering in power, but instead we’ve been given a result that could be the start of a shift in Australian politics. That of course is the emergence of the Greens as a solid force. With 11% of the primary vote, most of it stolen from Labor no doubt, the Greens have shown themselves to be adept at getting a clear message out: this is our policy, and this is why you should vote for us. Sticking to principles is something that the electorate has clearly endorsed here. ...
It says a lot for this election that I’ve waited until Election Day to say anything about it that goes beyond 140 characters. It has really been that kind of election campaign - a dearth of substance from all sides in an effort to come to power by attacking the other side. It’s not a contest I want to engage in. Gillard (how could I not have written about this before?!) came to power under circumstances best described as controversial - though far from unprecedented. You don’t have to explain to NSW voters that the leader can be replaced at the drop of a hat. The Liberals have gotten good running out of this. ...
Not for the Australian cricket team, not yet. The incident: A. B. de Villiers, third ball of the second over, Australia v South Africa, 20-20 match, gets a Tait special in his gut, edging off his bat. In pain, he keels over and inadvertantly hits the stumps, out hit-wicket. The man is doubled over in pain on the grass, and the Australian team? Celebrating away, meters from the man. This is an image that will linger in my mind for a while yet - that the disgusting sporting behaviour continues, that not a man on the Australian team took a second to ask that de Villiers was ok. ...