Mr. Babbage, author of the report, contends that Australia can no longer afford to maintain a military focused mainly on participating in peacekeeping operations, as it is doing in East Timor, and on training foreign military forces, as it is in Afghanistan.

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In its projects, the unemployed work alongside young high-fliers seconded from private firms, receiving training as well as doing voluntary work.

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Since then, he has qualified as an Apache helicopter pilot, doing some of his training in the United States, and is expected to deploy to Afghanistan again.

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In my efforts to build towards doing an Olympic triathlon, I always use this water as my training grounds because I cannot stand the cold temperatures of the waters near where I live!

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Thorstein Veblen's suggestion in 1918 that by doing any undergraduate training at all the university was in danger of becoming a body of secondary-school teachers masquerading as something much grander has not lost its sting.

ECONOMIST: Higher learning and the middle classes