As the treasurer lauds supply-side economics, a once-controversial recovery theory is gaining traction.This is the essence of modern monetary theory – that government budgeting is nothing like household or business budgeting, for the simple reason that government can create money.
Click the questions to reveal the answers.
Rip Van Winkle.
1983. (Bonus point: Australia’s America’s Cup win.)
This article was first published in the print edition of The Saturday Paper on Jun 8, 2019 as "Horse trainer Gai Waterhouse is the daughter of which leading trainer?".
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