Matthew Yglesias @mattyglesias
Small brain: Australia has the best macro policy Large brain: Australian business cycle stability was a consequence of its unusually rapid population growth Buy my book brain: Rapid population growth makes macro stabilization easier (This was Hansen’s original argument) — PolitiTweet.org
Real Time Economics @WSJecon
Australia’s first recession in 29 years was confirmed when data showed the economy contracted by a record 7% in the… https://t.co/4V9Fk4mUBw