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Property Rights Major Publications

Modelling, Schmodelling! How to rationalise policies that would destroy the economy

Catallaxy Files, 25 July 2018

In a reprise of the feeding of the 5000 with five loaves and two fish, the Energy Security Board has offered salvation for the Australian economy with the National Energy Guarantee (NEG).

Submission to inquiry into the Mineral Resource Rent Tax Bill 2011 and related bills

The Australian mining sector has long played a vital role in the development of the nation. Longstanding stability in terms of political risk and taxation and, though this has never been realised, regulatory arrangements, have allowed the sector in Australia to capitalise on demand for minerals and petroleum and to spawn businesses and experts that are world leaders in the sector, active in Australia and overseas.

December 2011

Regulation of infrastructure

This volume has sprung from concerns about the Access Provisions (Part IIIA) of the Trade Practices Act. It comprises two pieces of research, which analyse these provisions from a legal and an economic perspective. Part IIIA of the Trade Practices Act resulted from a perception in the 1990’s that the Trade Practices Act was not capable of dealing effectively with competition where a single firm was in a dominant position. It drew heavily upon the processes that the United States courts developed

First published 2007

Copy Of -Regulation of infrastructure

This volume has sprung from concerns about the Access Provisions (Part IIIA) of the Trade Practices Act. It comprises two pieces of research, which analyse these provisions from a legal and an economic perspective. Part IIIA of the Trade Practices Act resulted from a perception in the 1990’s that the Trade Practices Act was not capable of dealing effectively with competition where a single firm was in a dominant position. It drew heavily upon the processes that the United States courts developed

First published 2007

Copy Of -Regulation of infrastructure

This volume has sprung from concerns about the Access Provisions (Part IIIA) of the Trade Practices Act. It comprises two pieces of research, which analyse these provisions from a legal and an economic perspective. Part IIIA of the Trade Practices Act resulted from a perception in the 1990’s that the Trade Practices Act was not capable of dealing effectively with competition where a single firm was in a dominant position. It drew heavily upon the processes that the United States courts developed

First published 2007

Regulatory Access To Facilities: Commentaraies On Issues Requiring Re-Assessment Of The Trade Practices Act

Australia has benefited from competition reforms that have opened up previously closed sectors of the economy, especially in areas where government owned monopolies were prevalent. Owners of natural monopoly facilities are required, under provisions of the Trade Practices Act particularly Part IIIA, to allow access to them on terms that are fair and cost-reflective. Supporting and monitoring this provision is the National Competition Council (NCC), and the Australian Competition and Consumer Com

May 2007

Lessons we can draw from Mad Max

Mad Max and its sequels are some of the most popular films ever set in Australia. While its central theme showed a brooding Mel Gibson making his way in a post-nuclear holocaust world, a sub-theme was the primitive island of brutal civilisation, Bartertown, governed by Tina Turner. Savage though her regime was, she, like all the people in the town, was subject to the rule of law and unable to countermand its dictates when outcomes did not meet her expectations. The fact that an enforced legal fr

IPA Review, 2006

The Chinese capitalist miracle

The Chinese economic miracle is the latest and most comprehensive success story since the end of World War II. Veteran economists Ronald Coase and Ning Wang explain how in the space of three decades one of the world's poorest countries became the world's leading manufacturer and investor. They attempt to disentangle the twists and turns of Chinese politics and economics in its voyage to success within a framework which rightly judges that no system other than capitalism (which the book calls the market economy), could ever produce such an outcome.

IPA Review Article

Trade Laws and Pharmaceuticals

TRADE-RELATED ASPECTS OF INTELLECTUAL PROPERTY RIGHTS (TRIPS) While 11 September generally marked a loss of innocence of the Elysian Western world, one threatening upshot has had little recognition. This was the US Government’s forcing down the price of Cipro, Bayer’s anti-anthrax drug. The pressure placed on Bayer to reduce its already highly discounted price to the US government included the threat of patent termination. For its part, ‘the Peoples’ Republic of’ Canada actually rescinded the co

IPA Review, December 2001

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