Pascometer switched off for being “too independent”

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According to Michael West:

Lordy. The apparatus was independently-minded on occasion but the bulk of its output was directed at supporting the pillars of the Domainfax business: anything that boosted house prices.

I suspect the real problem is that the mechanism engaged with serious topics at all. Domainfaxman is a lifestyle creature possessed of deep Seinfeldian edginess and a sharp eye for trivia. Anything more serious than the latest smut on MAPS threatens to disrupt his cool, dry wit and specufesting portfolio.

My condolences to those who are left behind because if you’re not a complete untouchable and aren’t writing exclusively to boost house prices , as well as to dumb down Domainfaxman then the message is that you’re worthless to this firm.

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Mike Carlton sums up the situation nicely:

About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.