The Economy, Stupid Getting to sustained full employment. Financial contagion and the GFC. Golf participation climbs when people are ‘working’ from home.
Sep 28, 2023
Former RBA board member reflects on the early days of the GFC when financial contagion threatened the global economy. Discusses the government's white paper on jobs and opportunities and the definition of full employment. Explores the increase in golf participation due to remote work and the blurred boundaries between work and leisure.
Chapters
Transcript
Episode notes
1 2 3 4 5 6
Introduction
00:00 • 2min
Setting a Numerical Target for Full Employment in a White Paper
01:31 • 6min
Implementing the target and the 2008 financial crisis
07:52 • 2min
The Lead-Up to the Global Financial Crisis
09:41 • 6min
Lessons from the GFC and the Current Financial Situation
15:57 • 2min
Blurred Boundaries: Remote Work and Increased Golf Participation
18:17 • 11min