Categories: Economy & Business

Albanese government must respect good economic policy and advance a strong economic reform agenda


Economics is not an ideology. Belief in economics is not blind faith. Respect for the laws of economics is like respect for the laws of nature – you defy them at your own peril. Economics is an empirical science concerned with cause and effect. It behoves you to take it seriously because we’ve seen, time and again, that it works.

The greatest error of the Albanese government’s first term was failing to take economics seriously. Over and over, the government (at times unfortunately aided by Treasury) snubbed its nose at economics, dismissing it as textbook esoterica. Policy after policy, claim after claim, offending economists to their core.

Loading…



Source link

sunrisebrief

Share
Published by
sunrisebrief

Recent Posts

Juventus v Manchester City: Club World Cup 2025 – live | Club World Cup 2025

Key eventsShow key events onlyPlease turn on JavaScript to use this featureManchester City have only…

37 minutes ago

Trump is making US intelligence parrot his line on Iran – we’ve been here before | Donald Trump

In the run-up to the 2003 US invasion of Iraq, journalists covering the preparations for…

58 minutes ago

INTESI GROUP S.p.A. And IGrant.io Enhance EUDI Wallets With Integrated Solution

Partnership delivers an integrated solution for EUDI Wallet signing and legally recognised Qualified Electronic Attestation…

1 hour ago

A near-perfect creator’s camera if money is no object

After a six-year wait, Panasonic's S1 II is finally here and there's a lot to…

1 hour ago

2025 NHL draft: Buzz on prospects, trades, free agency

Kristen ShiltonCloseKristen ShiltonESPN NHL reporterKristen Shilton is a national NHL reporter for ESPN.Greg WyshynskiCloseGreg WyshynskiSenior…

1 hour ago

Manitoba plan to upgrade intersection where bus crash killed 17 faces opposition – Winnipeg

Bureaucrats and consultants got an earful from local residents Wednesday night as they presented their…

1 hour ago