Henry in The Australian, Friday 18 February 2011:

"Defence is where Kafka meets the Gosplan, with echoes of Yes Minister for good measure.

This is a world of central planning without a central planner, as endless committees blur responsibility, ensure there are few penalties for being wrong or rewards for being right, and entrench a culture in which to get along is to go along."

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Captain_Kafka_running_defence.pdf

Henry in The Australian, 11 February 2011:

"In his recent report on Weighing the Costs and Benefits of Climate Change Action, Ross Garnaut argues that urgent action to reduce emissions by setting a carbon price would be in Australia's national interests.

To reach this conclusion, the report considers the costs and benefits to Australia of emissions reduction. It should be commended for doing so, as that brings vital discipline to the debate. Yet even accepting the report's account of the science, its assessment overstates the benefits of im267te action and understates its costs and risks."

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Climate_adviser_misses_the_point.pdf

Henry In The Australian, Tuesday 1 February 2011:

"Although the extent of the losses remains uncertain, there is no doubt the floods have destroyed substantial capital. Much, but not all, of that capital is worth replacing"

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Credibility_deficit_hampers_recovery.pdf

Henry in The Australian, Friday 28 January 2011:

"I used to worry about growing old but, as Bob Dylan said, I'm younger than that now. Or at least I was until I read the Productivity Commission's recently released report, 'Caring for Older Australians'."

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Ageing_is_worth_its_challenges.pdf

Henry in The Australian Friday 21 January 2011:

"With the cost of the floods still rising, the question of how to pay for rebuilding has come to the fore.

There is an inescapable reality: with swaths of our capital stock damaged or destroyed, we are significantly poorer than we were only weeks ago. Belt-tightening is therefore required. But it is also crucial to rebuild on a basis that better manages future risks."

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We_must_reassess_our_sense_of_risk.pdf

Henry in The Australian 14 January 2011

'With memories of the Victorian bushfires still fresh, the Queensland floods are yet another grim reminder of how cruel the Australian environment can be.

The scale of the disaster, with its terrible loss of life, requires us to consider whether present policies properly manage the risks that environment creates.'

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Neglecting_to_place_a_price_on_risk.pdf