Tag Archives: colinclark

Being unpredictable helps guard against collusion: a lesson from the 2016 Colin Clark Lecture

Professor Leslie Marx of Duke University delivered the 2016 Colin Clark Lecture last Tuesday morning at Customs House in Brisbane on how to defend against potential collusion by suppliers. In industries with a small number of players who can readily … Continue reading

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Cap on Government size desirable, but probably unachievable

The great British-Australian economist Colin Clark, who Keynes regarded as “first class” and who served in top Queensland public service roles in the 1940s, famously speculated that Governments couldn’t grow beyond 25% of GDP without causing major economic problems. Given … Continue reading

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