Michael Beggs
Biographic Data
| ID | 3840744 |
|---|---|
| NAME | Michael Beggs |
| GIVEN NAMES | Michael |
| FAMILY NAME | Beggs |
| SIGNATURE | BEGGS M |
| AFFILIATIONS | The University of Sydney |
| ORCID | 0000-0001-9023-799X |
| VERIFIED | Yes |
| TOTAL WORKS | 5 |
| TOTAL CITATIONS | 5 |
| WORKS AS AUTHOR | 5 |
| WORKS AS EDITOR | 0 |
| FIRST PUBLICATION YEAR | 2015 |
| LATEST PUBLICATION YEAR | 2026 |
| H-INDEX | 2 |
Monetary Targeting, Wages and Inflation in 1970s Australia
This paper examines the role of wages and the arbitration system in Australia's nine‐year experiment with official monetary targeting , initiated by the Fraser government in 1976. Instead of depoliticising inflation by turning it into a technical problem of monetary policy, monetarism in Australia was absorbed into the local view in which inflation was ‘always and everywhere a distributional problem’. Australian economists were generally sceptica…
Labour in the Technocratic Frame
Though the labour market has always been central to macroeconomics, policy has usually had no instrument for intervening directly in the wage-setting process. But in the mid-twentieth century, economists commonly believed that there should be such an instrument. In 1950s Australia, it seemed that the arbitration system could potentially be used as such. This article uses Trevor Swan’s contemporary model of Australian policy in the 1950s to unders…
Capitalism in Australia
Capitalism is back. Three decades ago, when all alternatives to liberal democracy and free markets appeared discredited, talk of capitalism seemed passé. Now, after a decade of political and economic turmoil, capitalism and its temporal critique of progress and decline again seems an indispensable category to understanding a world in flux. Among the social sciences, historians have led both the embrace and critique of this 're-emergent' concept. …
The state as a creature of money
Recent social theories of money have challenged economic conceptions of it as first and foremost a medium of exchange. Writers such as Geoffrey Ingham and David Graeber have revived the chartalist position that money is essentially a creature of the state, whose primary function is to measure value or debt. In this paper, I argue that this is a wrong turning. I first clarify the conceptual underpinnings of Ingham’s treatment of money as an ‘insti…
Inflation and the Making of Australian Macroeconomic Policy, 1945â 85
In the decades after World War II, inflation undermined the aspiration for full employment in Australia. This book tells the story of how the Australian state was shaped by the confrontation with mone
The state as a creature of money
Recent social theories of money have challenged economic conceptions of it as first and foremost a medium of exchange. Writers such as Geoffrey Ingham and David Graeber have revived the chartalist position that money is essentially a creature of the state, whose primary function is to measure value or debt. In this paper, I argue that this is a wrong turning. I first clarify the conceptual underpinnings of Ingham’s treatment of money as an ‘insti…
Capitalism in Australia
Capitalism is back. Three decades ago, when all alternatives to liberal democracy and free markets appeared discredited, talk of capitalism seemed passé. Now, after a decade of political and economic turmoil, capitalism and its temporal critique of progress and decline again seems an indispensable category to understanding a world in flux. Among the social sciences, historians have led both the embrace and critique of this 're-emergent' concept. …
Inflation and the Making of Australian Macroeconomic Policy, 1945â 85
In the decades after World War II, inflation undermined the aspiration for full employment in Australia. This book tells the story of how the Australian state was shaped by the confrontation with mone
The state as a creature of money
Recent social theories of money have challenged economic conceptions of it as first and foremost a medium of exchange. Writers such as Geoffrey Ingham and David Graeber have revived the chartalist position that money is essentially a creature of the state, whose primary function is to measure value or debt. In this paper, I argue that this is a wrong turning. I first clarify the conceptual underpinnings of Ingham’s treatment of money as an ‘insti…
Capitalism in Australia
Capitalism is back. Three decades ago, when all alternatives to liberal democracy and free markets appeared discredited, talk of capitalism seemed passé. Now, after a decade of political and economic turmoil, capitalism and its temporal critique of progress and decline again seems an indispensable category to understanding a world in flux. Among the social sciences, historians have led both the embrace and critique of this 're-emergent' concept. …
Labour in the Technocratic Frame
Though the labour market has always been central to macroeconomics, policy has usually had no instrument for intervening directly in the wage-setting process. But in the mid-twentieth century, economists commonly believed that there should be such an instrument. In 1950s Australia, it seemed that the arbitration system could potentially be used as such. This article uses Trevor Swan’s contemporary model of Australian policy in the 1950s to unders…
Monetary Targeting, Wages and Inflation in 1970s Australia
This paper examines the role of wages and the arbitration system in Australia's nine‐year experiment with official monetary targeting , initiated by the Fraser government in 1976. Instead of depoliticising inflation by turning it into a technical problem of monetary policy, monetarism in Australia was absorbed into the local view in which inflation was ‘always and everywhere a distributional problem’. Australian economists were generally sceptica…
Australian History and Society (4 works) · Economics (3 works) · Law (3 works) · Political and Economic history of UK and US (3 works) · Political science (3 works) · Inflation (cosmology) (2 works) · Keynesian economics (2 works) · Monetary policy (2 works) · Political economy (2 works) · Politics (2 works)