Debelle gives economists an almighty pep talk, and a word of caution
The former RBA deputy governor says the next generation must crack the riddle of intergenerational wealth, and warns core concepts are becoming outdated.
Guy Debelle is not your typical economist. The punk rock and AFL fan spent the best part of his working life at the Reserve Bank of Australia helping to set interest rates and was on the front line of the harrowing global financial crisis in 2008 and the COVID-19 pandemic in early 2020.
That has meant he’s had to apply his economics skills in the real world, at times in extreme scenarios with consequences for the welfare of millions.
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Jonathan Shapiro writes about banking and finance, specialising in hedge funds, corporate debt, private equity and investment banking. He is based in Sydney. Connect with Jonathan on Twitter. Email Jonathan at jonathan.shapiro@afr.com
