Economic Policies
The Nobel Prize winning economist James Tobin once said that the study of economics “offered the hope, as it still does, that improved understanding could better the lot of mankind”. One of the ways in which it does this is through the implementation of economic policy that helps to ameliorate boom-and-bust cycles, reduces unemployment, contains inflation or lifts people’s living standards in sustainable ways.
Competition, Productivity, Economic Growth and Living Standards
Economic Policies, Productivity | 3rd February 2005Address to the Adjudication Branch of the Australian Competition and Consumer Commission – Mollymook Shores Resort, New South Wales, 3rd February 2005
