Economy like training for a marathon

by

Ed.

From www.rossgittins.com: Running and economic competition reform both require dedication and effort, with the promise of rewarding outcomes.

Dr. Andrew Leigh highlights how past reforms, like the Hilmer reforms of the 1990s, significantly increased household incomes and show that fostering competition and job mobility benefits the economy.

Current efforts include stricter merger regulations and addressing non-compete clauses to enhance productivity and lower living costs, reflecting the belief that reform, while challenging, ultimately leads to economic improvements.


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