swan defends resource tax., page-27

  1. 18,561 Posts.


    Spare me please.

    That article is by Tony Maher.

    Tony Maher is the National President, CFMEU Mining and Energy Division

    Read the comments - they are far more balanced.

    The guy talks about priveleged mining companies, the fact that in mining there are barriers to entry (size)

    I think I'll start a motor company, maybe a brewery, maybe a steel mill, maybe an airline - they have no barriers to entry.

    He talks about super profits normally attracting other entrants with a result of a return to normal profits - he's obviously just cempleted Economic Theory 1a at Uni.

 
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