Why the Reserve bank wants unemployment to go higher. The case for long term thinking.
Two economists unpack and debate the idea that higher unemployment is needed to contain inflation. Short term thinking might be expedient in business and politics but could taking a really long view be better?
The Economy, Stupid · Australian Broadcasting Corporation
May 25, 202330m 23s
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Show Notes
Two economists unpack and debate the idea that higher unemployment is needed to contain inflation. Short term thinking might be expedient in business and politics but could taking a really long view be better?