The Rudd essay on the GFC – was he right?

This is a follow up to a piece posted on 7 February Kevin Rudd’s essay on the global financial crisis and another piece posted a month later The Turnbull answer to the Rudd essay.

The Monthly, which published the Rudd essay, has published in its May issue The Rudd Essay & the Global Financial Crisis in which the opinions of what it describes as five ‘influential thinkers’ from the international scene are given.  Its reason for doing this is stated as being its disappointment at the media response to the essay: “The overwhelming majority have been carping and superficial.  Virtually no one has offered a penetrating critique or proposed an alternative account of the most significant economic calamity since the Great Depression.”   Even the ABC comes in for criticism for not conducting an interview with the PM on the essay.  More...

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The Political Sword puts to the sword politicians and the media in Australia.

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