As voters become more estranged from corporations and economic reform, neither labour nor capital is responding effectively to the sentiment.
Macro economic
The Spice Girls approach to economics
The Spice Girls line pretty much sums up what economics is all about: “Tell me what you want what you really, really want”. In the early period of the previous ALP government, Accord partners decided the one or two things the economy really really needed at any one time and built everything around that. It’s a great, pragmatic tradition we’ve lost sight of, writes Nicholas Gruen.
