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With 95% of Aussies backing trade diversification away from the evil CCP, let’s go back to first principles to reboot manufacturing:
I use this video to show my econ students the degree to which active policy helped industrialise Australia.
I ask them to list all the policies mentioned and we discuss what the Aus economy might look like today without those historical policy settings.https://t.co/WrlGt00Duq
— Cameron Murray (@DrCameronMurray) June 23, 2020
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.