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This overview of Australasian economic thought presents the first analysis of the Australian economic contribution for 25 years, and is the first to offer a panoramic sweeping account of New Zealand economic thought. Those two countries, both at the start of the twentieth century and at its end, excelled at innovative economic practices and harbouring unique economic institutions. A History of Australasian Economic Thought explains how Australian and New Zealand economists exerted influence on economic thought and contributed to the economic life of their respective countries in the twentieth century. Besides surveying theorists and innovators, this book also considers some of the key expositors and builders of the academic economics profession in both countries. The book covers key economic events including the Great Depression, the Second World War, the post-war boom and the great inflation that overtook it and, lastly, the economic reform programmes that both Australia and New Zealand undertook in the 1980s. Through the interplay of economic events and economic thought, this book shows how Australasian economists influenced, to differing degrees, economic policy in their respective countries. This book is of great importance to those who are interested in and study the history of economic thought, economic theory and philosophy, and philosophy of social science, as well as Australasian economics.
Gregory's remarkable career and his scientific work are detailed and critically assessed. Accounts of his heroic 1893 expedition to the Rift Valley (a term he coined) in Kenya (now the Gregory Rift), his first crossing of Spitzbergen, and his resignation as Leader of the first British Antarctic Expedition of 1901, when racing to the Pole under Scott became the priority, draw on unpublished letters. While in Melbourne he published on mining geology and a series of geography textbooks. His 1901 Lake Eyre expedition in Central Australia initiated the phrase 'The Dead Heart of Australia' and controversy over the source of artesian water. In the Chair of Geology in Glasgow from 1904, he built up the largest first-year geology class in the UK, over 400 students. He worked in every field of geology and every continent except Antarctica. He was also involved with the search for a 'homeland' for the Jews in Libya and Angola. He shrewdly realized that Wegener's Continental Drift Theory erroneously supposed that the Pacific Ocean was wider than now before the Atlantic opened. This led to his influential rejection of Continental Drift. He drowned in Peru traversing the Andes having published over 30 books and nearly 400 articles.
The classic reference work that provides annually updated information on the countries of the world.