ECONOMICS: Getting to work on the world economy*

When the flagship magazine of the free market argues that the world economy is in the doldrums and recommends some of those “discredited” government policies from the past, times might really be changing. Colin Teese explains.Believe it or not, the state of the world economy and Labor’s dramatic loss of the NSW seat of Cunningham are connected. Last weekend, Labor became the first opposition party in fifty years to lose a seat at a by-election. Some achievement! Politically, Labor is on the rope…

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