When Michael Stutchbury took over the AFR in 2011, he brought with him the Murdoch-style ideology if “businessomics”. This is the doctrine that privately owned entities are always right. It should never be confused with a commitment to free markets because it cannot handle over-concentration requiring regulatory intervention to address market failure. For Stutchbury, the
The post Toxic AFR has killed Australian growth appeared first on MacroBusiness.