Edwards takes aim at our cherished gloom

John Edwards' message that Australia is neither complacent nor facing economic strife will greatly inconvenience the doom merchants in parliament using fear as a sales pitch for reform.

In his Lowy Institute paper “Beyond the Boom”, John Edwards has lined up a series of cherished Australian despondencies and blown them up.

·      There was no mining boom, really, so it isn’t ending

·      In any case, increased volumes will offset the decline in prices

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