Griffith University professor, Tony Makin, has a long history of attacking government fiscal intervention in the economy.
As noted by Ross Gittins, Makin is “the go-to guy for anyone who’d like an independent report asserting that fiscal policy doesn’t work – never has and never could”.
Predictably, Makin was a harsh critic of the Labor Government’s fiscal stimulus during the global financial crisis (GFC). He published a paper, entitled The Effectiveness of Federal Fiscal Policy, slamming Labor’s response.
