Today on Pearls and Irritations
Cutting tobacco tax will not stop Australia’s illegal cigarette trade
Proposals to slash Australia’s tobacco excise ignore the basic economics of the illegal cigarette market, where untaxed products would remain dramatically cheaper even if tobacco taxes were heavily reduced.
The American mis-imagination of China
Why the next Trump-Xi summit could be in Australia's backyard
A Hungarian playbook for defeating populists?
Australia keeps feeding a housing system that cannot deliver
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