Usually, simplicity is a good thing. But when it comes to a modern economy, complexity is better.
A more complex economy adds more value, extracts more wealth, is more innovative and has a more diverse income base.
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Opinion
The government’s industry policy is not some throwback to the Deakinite settlement. It’s quite the opposite.
Usually, simplicity is a good thing. But when it comes to a modern economy, complexity is better.
A more complex economy adds more value, extracts more wealth, is more innovative and has a more diverse income base.
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Original URL: https://www.afr.com/policy/economy/let-s-not-waste-the-green-energy-opportunity-20240421-p5flfy