Geoff Harcourt

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Father and son Geoff and Tim HarcourtĀ on how family, history and a love of economics led them to very different academic careers

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All borrowing, whether domestic or foreign, entails a tax impost.This borrowing is only justifiedĀ if it is to fund long-lived public goods that I, and others, benefit from collectively, writes Peter Swan.

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The terminology used by treasurers in recent decades reflects serious conceptual misunderstandings of how real economies work, writes Geoff Harcourt.