Water's Fall: Running the Risks with Economic RationalismAcademic examination of the massive rationalisation of Australia's water system in the closing decades of the 20th century. Investigates two major breakdowns: the Big Pong in Adelaide in the autumn of 1996 and the contamination crisis in Sydney in the winter of 1997. Uses the recent breakdowns in our water infrastructure to take the reader deep inside the ideas that govern modern society. Includes illustrations, appendices, notes and index. Author is a Visiting Fellow in the School of History at the University of New South Wales. Previous titles include 'War on the Wharves: A Cartoon History'. Illustrator is a prominent cartoonist who is regularly published in the 'Australian'. |
From inside the book
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Page 90
... turn . For now , we need only emphasise that it is upon the ' granite ' of these assumptions , and this form of reasoning , that the ' palace ' which contains all of the neoliberal arguments in favour of commercialising public services ...
... turn . For now , we need only emphasise that it is upon the ' granite ' of these assumptions , and this form of reasoning , that the ' palace ' which contains all of the neoliberal arguments in favour of commercialising public services ...
Page 158
... turn the relationship between capital input prices and productivity into a world of make believe . Assertions about the relative efficiency of water infrastructure that rest on the theory implicit in rate - of - return reporting are not ...
... turn the relationship between capital input prices and productivity into a world of make believe . Assertions about the relative efficiency of water infrastructure that rest on the theory implicit in rate - of - return reporting are not ...
Page 178
... turn , means that there can be no operational notion of a competitive equilibrium following the divisions . The businesses will remain price - setters , not price - takers , and there will be no automatic mechanism for determining ...
... turn , means that there can be no operational notion of a competitive equilibrium following the divisions . The businesses will remain price - setters , not price - takers , and there will be no automatic mechanism for determining ...
Contents
Introduction | 1 |
Supplying water | 182 |
The rise of economic rationalism | 184 |
Copyright | |
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Other editions - View all
Water's Fall: Running the Risks with Economic Rationalism Christopher Sheil No preview available - 2000 |
Common terms and phrases
Adam Smith Adelaide Adelaide's analysis annual argument assessment assets auditor Australian Big Pong Bloch boil-water alert breakdown capital catchment cent central Chapter citizens commercial commercialisation competition contamination crisis context contract corporation's corporatisation Cryptosporidium direct economic rationalism economic rationalism's effectively environmental failure filters firm Friedman Giardia Hayek Ibid increase individual investment John Maynard Keynes lagoons less major managing director Marc Bloch marginal marginalists million minister neoclassical economics neoliberal Nick Greiner NSW Health of-return oocysts operating organisation parasites Peter McClellan political potentially Potts Hill privatisation problem Productivity Commission profit Prospect plant public interest public services rate-of-return reporting rational maximiser relationship responsibility risks self-interest sewage sewerage Sheil social South Australia South Wales sub-managers Sydney Water Sydney's theoretical theory tion transaction costs Treasury treatment plants United Water utility utility's Warragamba Warragamba Dam Water Corporation water supply water systems wrote