Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Too Much Luck: The Mining Boom and Australia's Future

Too Much Luck: The Mining Boom and Australia's Future

Cleary, Paul

Paperback

EconomicsGeneral Political ScienceUnited States Politics

ISBN10: 1863955372
ISBN13: 9781863955379
Publisher: Black Inc
Published: Jul 1 2011
Pages: 184
Weight: 0.41
Height: 0.39 Width: 5.06 Depth: 7.81
Language: English

We think we are the lucky country, but what we really have is dumb luck - too much luck, more than we know what to do with.

In Too Much Luck, Paul Cleary shows how the resource boom, which seems a blessing, could well become a curse.

We have never seen a boom quite like this one. Under-taxed and under-regulated, multinational companies are making colossal profits by selling off non-renewable resources. New projects are being rushed through weekly, but who is looking out for the public interest? As the boom accelerates, it will drive the dollar higher and higher, and force up the cost of doing business for everyone else. Industries that involve many jobs, such as tourism and education, will fade away. What happens if commodity prices suddenly collapse, as they have in the past? Or worse, when the resources run out?

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