Economists have made immense contributions to people’s wellbeing over the last fifty years. An Australian example that comes to mind is the instrumental role economists played in advocating for and designing microeconomic reforms, including tariff reductions, privatisations and the deregulation of industries. Such reforms have resulted in a higher standard of living, including through cheaper cars, clothes and plane flights, for example. Also, economists at the Treasury (of which I was one) and the RBA were critical in developing effective policy responses to the financial crisis. So economists have much to celebrate and to be proud of.
Hence, I welcome an upcoming presentation by Vanderbilt University Emeritus Professor John Siegfried on “Better Living through Economics”, at the University of Queensland, Brisbane on the evening of Thursday 17 November. Professor Siegfried will speak on case studies in a 2012 book he edited regarding the positive contributions that economics has made to our daily lives over the last half century. You can register to attend via this event registration website:
The presentation will occur in the exclusive Terrace Room in the Sir Llew Edwards Building, which offers a terrific view of Brisbane’s leafy western suburbs. You might even consider having dinner at UQ’s world renowned Pizza Caffe afterwards.
The presentation is being sponsored by the Economic Society of Australia (Qld) of which I am the Secretary, Griffith University, QUT and the University of Queensland.
Undeniably, the secret to better living is economics.