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The Power of Economic Ideas
Economics, Keynes once wrote, can be a 'very dangerous science'. Sometimes, though, it can be moulded to further the common good though it might need a leap in mental outlook, a whole new zeitgeist to be able do do. This book is about a transformation in Australian economists' thought and ideas during the interwar period. It focuses upon the interplay between economic ideas, players and policy sometimes in the public arena. In a decade marked by depression, recovery and international political turbulence Australian economists moved from a classical orthodox economic position to that of a cautious Keynesianism by 1939. We look at how a small collective of economists tried to influence policy-...
"Red Ted"
E. G. Theodore, one of Australia's most enterprising and unusual political figures, was Treasurer and Premier of Queensland and later Federal Treasurer and Deputy Prime Minister of Australia in the Scullin Labor government.
Monopoly Control
This book traces the historical development of the network utilities sector in Australia (communications, rail, gas, electricity, water supply, and sewerage services). It looks across industries, time periods and the state and federal jurisdictions, to identify what motivated the various governments to establish these enterprises and what issues arose. The book is therefore informed by the relationship between politics and society on the one hand and economic history on the other; as well as the efforts of governments in Australia to promote economic growth and the wealth of Australians. The main focus of the book is to identify and analyse the following two main questions: (i) What were the main drivers and motivations for governments establishing government-owned business in the network utilities sector? (ii) To what degree were these government-owned businesses successful at achieving the aims of these governments? In doing so the inherent characteristics of these industries are identified, in terms of their need for rights of way, network effects, the monopoly characteristics, and the potential for stimulating growth.
Convict Maids
This analysis of female transports to Australia reveals their significant contribution to the new economy.
In Reserve
History of the Reserve Bank in the post-war era, based on official records. Following on from R Gollan's 'The Commonwealth Bank of Australia', and L F Giblin's 'The Growth of a Central Bank', this book gives an account of the way the Australian economy responded to the economic and financial pressures of an expanding international system. Includes references and an index. This is the author's fourth major book on aspects of the history of the Australian economy in the 20th century. His other publications include 'Australia and the Great Depression'.
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