Article by Jeff Bennett and Tony Markin courtesy of The Australian
Government-imposed health restrictions have decimated the travel, tourism and entertainment sectors of the Australian economy. Logic suggests that recovery from the flatline caused by this pandemic depends critically on policies that revive the productive heart of the economy – Australian companies.
This contrasts with Keynesian-oriented proposals for more government spending; for instance, on infrastructure.
Mainstream economists strongly disagree about the effectiveness of government spending [...]