When the world changes, economic policy must too
Gareth Bryant | Ben Spies-Butcher | April 21, 2026
On 12 October 1929, James Scullin led the Labor Party to what was then its largest ever majority. It was unfortunate timing. Over the 1920s Australian governments had become the largest borrowers on the London money markets. In 1925, the United Kingdom returned to the gold standard. And then [...]
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