To get out of this well we are going to have to think like central planners
- Written by John Quiggin, Professor, School of Economics, The University of Queensland
Within the space of weeks, Australia has been transformed into a command economy.
Businesses are being told whether they can or cannot open and how they must operate, consumers are subject to formal and informal rationing, workers are directed to stay home, or, in the case of schoolteachers, until now ordered to turn up regardless of risk.
All of...
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