Wednesday, 12 March 2014

The Great Depression in Australia- Gerry Jackson

Gerry Jackson has written a very thought provoking article on the great depression in Australia.

I think he has missed the 'Hawtrey' line on the benefits of devaluation quite a bit however it is interesting.

I do think he adds a bit to understanding what occurred then.

Postscript
I am betting big money there is no rebuttal from Davidson and Novak!