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Footnotes 1 Greg McCarthy teaches public policy in the Politics Department at the University of Adelaide. Dave Taylor is the Manager, Government Relations, Australian Federation of Credit Unions. We express our gratitude to Brian Abbey, Clement Maciotyre, Doug McEachern and an anonymous reviewer for their constructive cotnments on this article. Greg McCarthy also thanks the University of Adelaide for the provision of research grants to conduct the interviews with the “proximate” policy‐makers. 2 According to an interview with Treasurer Paul Keating by the authors in September 1990. Also interviewed were Tony Cole, Secretary to the Treasury; John Phillips then Deputy Head of the Reserve Bank of Australia; Barry Hughes, economic adviser to Treasurer Keating in 1983; Richard Rye who was a deputy secretary at the Treasury during the period of the float; Barbara Ward who was a long time research officer for Paul Keating; Andrew Theophanous and John Langniore who were leading spokespeople for the parliamentary left wing of the Labor Party during the period of financial deregulation; opposition leader John Hewson and, finally, prominent Liberal politician, John Howard. 3 On the shifts in academic economic thought in Australia and the rise of the neo‐classical economic discourse see
Australian Journal of Politics and History – Wiley
Published: Aug 1, 1995
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