Why Australians should not turn their backs on economists

By Alex Millmow
Updated August 22 2017 - 9:54pm, first published 8:52pm
Then prime minister Gough Whitlam at Trades Hall, Sydney in 1974 with future prime minister Bob Hawke. Whitlam brought economists into his administration, while the advice of experts guided economic policy during Hawke's leadership in the 1980s. Photo: Rick Stevens
Then prime minister Gough Whitlam at Trades Hall, Sydney in 1974 with future prime minister Bob Hawke. Whitlam brought economists into his administration, while the advice of experts guided economic policy during Hawke's leadership in the 1980s. Photo: Rick Stevens

Australia has just assumed the mantle of the longest unbroken period of economic growth in modern world economic history. And New Zealand is doing even better when it comes to keeping the budget in the black. You might say that each performance is the result of successful economic policies, but what of the influence of university economists?

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