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Ep. 85: Global Trends 2040 (Part 1), with Heather Smith and Katherine Mansted

Australia in the World

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Is There a Shift in Economic Thinking Going On?

ivaconexton: There's a genuine debate going on in economics about what evolution have we seen in economic thinking. He says growth and living standards are really determined by some fundamental forces, and they do not change over time. Hethei canno jump in in the interest of trying to be as disagreeable as possible,. when i read the economic i ask myself, what is the red team interpretation of this? And i came up with essentially the modern monatery theory argument which was nicely captured in a recent podcast.

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