In all intellectual disciplines there is a tendency to run in herds. It is the line of least resistance; it offers personal and professional rewards; and sometimes the herd, if capably led, is impressive in the way it rushes so quickly in the appropriate direction. The herd is often correct; but when it is on a stampede, is does not easily change course. This is a biographical dictionary of those Australian and New Zealand economists who often led – or opposed – the herd.
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