Sunday, July 4, 2010

Gittins Enters the Economics Consensus Debate

Ross Gittins agrees with Ken Henry that academic economists need to get behind "reforms". I don't understand this presumption that economists should all be in agreement about all policies that the government happens to come up with. I disagreed with the basic rationale for the RSPT as presented in the Henry Review. I see royalties as a charge by the resource owner not as a priori a "distorting

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