Director / Editor: Victor Teboul, Ph.D.
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Living in the 70s: why Australia's dominant model of unemployment and inflation no longer works

By John Quiggin, Professor, School of Economics, The University of Queensland
Put to the test in the past two years, the idea of a “natural” rate of unemployment has failed. There’s no need to push unemployment up to any particular rate to bring down inflation.The Conversation

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