Economic History

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The development of monetary policy – Part 1

With the housing market slowing and wages stagnating, political pundits are calling for the RBA to cut rates, but what is the meaning behind these ideas? Conor Yung looks at the genesis of ideas on monetary policy to give you the context behind the business jargon.

The boom and the bust

Modern economists have consistently failed to predict and explain the business cycle. Mitchell Harvey argues that an old idea, long rejected by the mainstream economics profession, may be worth reconsidering.