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In the decades after World War II, inflation undermined the aspiration for full employment in Australia. This book tells the story of how the Australian state was shaped by the confrontation with monetary instability: a pre-history of neoliberalism.
The essential facts about the rise and fall of inflation are discussed and the related literature is reviewed. These aspects of the book are generally well done, book aimed at attracting the attention of a wider audience: . (Selwyn Cornish, Economic Record, Vol. 93 (300), March, 2017)
This is a scholarly and in many respects impressive book, derived from the author's doctoral thesis. Read as a set of essays on the relationship between contemporary economic ideas and macroeconomic policy-making in Australia between the 1940s and the 1980s, this book makes a strong contribution to historical literature. (John Singleton, Australian Historical Studies, Vol. 48 (1), February, 2017)
Auteur
Michael Beggs is a Lecturer in Political Economy at the University of Sydney, Australia, where he works on the history of monetary thought and policy.
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