The 1970s was a fork in the road. At the New Economic Vision forum, held at Victorian Trades Hall Council, policy analyst Emma Dawson, and economist Bill Mitchell, each give their overview of the road we took, and whether we can do better than how the national economy currently serves us. What did Bill accept? And what is Emma's theory of change?
"Presumably, there is an irreducible residual level of unemployment composed of people who don’t want to work, who are moving between jobs, or who are unqualified. If there is in fact some such residual level of unemployment, it is not one we have encountered in the United States. Never in the post war period has the government been unsuccessful when it has made a sustained effort to reduce unemployment."
Michael Piore (ed.) Unemployment and Inflation, Institutionalist and Structuralist Views, M.E. Sharpe, Inc., White Plains, page 10 (book, 1979)
"Targets for Monetary Policy in the Coming Year" (1975, paper)
by Franco Modigliani and Lucas Papademos
Pleading Ignorance, by Ed Kuepper, from the album Starstruck.
Property developer [Tim Gurner] says unemployment should rise (SBS News)
The Tide Is High - Blondie (Instrumental with BV)
Too Many Things, by Ed Kuepper, from the album Starstruck.
Anne Maxwell & Kevin Gaynor
