Research Discussion Paper – RDP 2019-08 The Well-meaning Economist


For their input I thank Chris Becker, Anthony Brassil, Tom Cusbert, Denzil Fiebig, Kevin Fox, Nick Garvin, Christopher Gibbs, SeoJeong (Jay) Lee, Antonio Peyrache, David Rodgers, João Santos Silva, John Simon, Peter Tulip, and participants at several seminars and workshops. Rebecca Bollen Manalac and Rosie Wisbey sourced some elusive materials. This work forms part of my PhD at the University of New South Wales and was supported by an Australian Government Research Training Scholarship. The views expressed in the paper are mine and do not necessarily reflect the views of the Reserve Bank of Australia. Errors are mine also.