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In October 2011 our little group: Sonia, Craig, Wendy and Richard visited Argentina. We spent two periods of time in Buenos Aires; at the start and at the end of our trip; and we two nights at the Iguassu Falls.
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The musical Les Misérables has returned to Sydney. By now we have both seen several versions.
But we agreed that this new version is exceptional, with several quite spectacular staging innovations and an excellent cast of singers with perhaps one exception who was nevertheless very good.
Despite an audience that was obviously very familiar with the material (if I'm to judge by the not so sotto voce anticipatory comments from the woman next to us) the production managed to evoke the required tears and laughter in the appropriate places. The packed theatre was clearly delighted and, opera style, the audience shouted approval at and applauded several of the vocal performances, some were moved to a standing ovation at the end.
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Thomas Carlyle coined this epithet in 1839 while criticising Malthus, who warned of what subsequently happened, exploding population.
According to Carlyle his economic theories: "are indeed sufficiently mournful. Dreary, stolid, dismal, without hope for this world or the next" and in 1894 he described economics as: 'quite abject and distressing... dismal science... led by the sacred cause of Black Emancipation.' The label has stuck ever since.
This 'dismal' reputation has not been helped by repeated economic recessions and a Great Depression, together with continuously erroneous forecasts and contradictory solutions fuelled by opposing theories.
This article reviews some of those competing paradigms and their effect on the economic progress of Australia.
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