Good afternoon. I’d like to begin by acknowledging the Whadjuk people, the Traditional Custodians of the land on which we meet today. I pay my respects to their Elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples joining us today. It’s a privilege to be here to deliver the 60th Shann Memorial Lecture. Edward Shann was a pioneer of economics in Australia. He’s remembered not just for his deep knowledge and wide-ranging interests, but also for his curiosity, intellectual energy and strong sense of social responsibility.1 In May 1963, the RBA’s first Governor, HC Coombs, ... (full story)