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This newspaper page contains 4 articles. Subscribers can read the full text of each article.
Newspaper
Guyra Argus
Location
Guyra, New South Wales, Australia
Date
Jun 12, 1952
Page
3
An economist Dr Martgwick discusses Australia’s economic understanding and the publics view of economists. He notes many blame economists for government decisions while recognizing economists’ advisory role and the mismatch between ends and means in the economy.
Dr Madgwick argues Australia faced inherent limits on resources and growth. He notes war-time production united the nation but postwar demands outpaced supply, leaving shortages in housing and essential materials. He stresses efficiency, immigration, and realistic assessment of natural endowments.
Disjointed OCR style notes discuss shortages, controls, and wartime production with fragmented phrases. References to New England districts, labor and leisure shifts, and vague social commentary appear without coherent narrative or clear named entities.
An impassioned debate features Dr Madgwick and university speaker urging Australians to curb selfishness and boost production across coal mining, grazing, manufacturing, and business. They argue public sacrifice will ease economic woes and favor collective welfare over personal gain.
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