000151521 001__ 151521 000151521 005__ 20210122073221.0 000151521 0247_ $$2doi$$a10.22004/ag.econ.151521 000151521 037__ $$a1744-2016-140828 000151521 041__ $$aeng 000151521 084__ $$aG1 000151521 084__ $$aE 000151521 245__ $$aSix Refuted Doctrines 000151521 260__ $$c2009 000151521 269__ $$a2009 000151521 270__ $$mj.quiggin@uq.edu.au$$pQuiggin, John 000151521 300__ $$a21 000151521 336__ $$aWorking or Discussion Paper 000151521 490__ $$aAustralian Public Policy Program 000151521 490__ $$aP09/2 000151521 520__ $$aThis article examines six widely-held doctrines concerning economic theory and economic policy that have been refuted, or at least rendered highly problematic by the global financial crisis, namely: (i) the efficient markets hypothesis; (ii) the Great Moderation; (iii) central bank independence; (iv) trickle down; (v) the case for privatization; and (vi) individual retirement accounts. Copyright (c) 2009 The Economic Society of Australia. 000151521 650__ $$aFinancial Economics 000151521 650__ $$aRisk and Uncertainty 000151521 700__ $$aQuiggin, John 000151521 8564_ $$938dc8442-b56e-4918-abfb-227fcda9f0a2$$s221674$$uhttps://ageconsearch.umn.edu/record/151521/files/WPP09_2.pdf 000151521 887__ $$ahttp://purl.umn.edu/151521 000151521 909CO $$ooai:ageconsearch.umn.edu:151521$$pGLOBAL_SET 000151521 912__ $$nSubmitted by Evelyn Smart (e.smart@uq.edu.au) on 2013-06-21T02:34:10Z No. of bitstreams: 1 WPP09_2.pdf: 221674 bytes, checksum: c0185139dfd1ff8e97a9e9c94a275c37 (MD5) 000151521 912__ $$nMade available in DSpace on 2013-06-21T02:34:12Z (GMT). No. of bitstreams: 1 WPP09_2.pdf: 221674 bytes, checksum: c0185139dfd1ff8e97a9e9c94a275c37 (MD5) Previous issue date: 2009 000151521 913__ $$aLicense granted by Evelyn Smart (e.smart@uq.edu.au) on 2013-06-21T02:30:38Z (GMT): <center> <h2> Deposit Agreement </h2> </center> I represent that I am the creator of the digital material identified herein (&ldquo;Work&rdquo;). I represent that the work is original and that I either own all rights of copyright or have the right to deposit the copy in a digital archive such as AgEcon Search. I represent that in regard to any non-original material included in the Work I have secured written permission of the copyright owner (s) for this use or believe this use is allowed by law. I further represent that I have included all appropriate credits and attributions. I hereby grant the Regents of the University of Minnesota (&ldquo;University&rdquo;), through AgEcon Search, a non-exclusive right to access, reproduce, and distribute the Work, in whole or in part, for the purposes of security, preservation, and perpetual access. I grant the University a limited, non-exclusive right to make derivative works for the purpose of migrating the Work to other media or formats in order to preserve access to the Work. I do not transfer or intend to transfer any right of copyright or other intellectual property to the University. If the Deposit Agreement is executed by the Author�s Representative, the Representative shall separately execute the following representation: I represent that I am authorized by the Author to execute this Deposit Agreement on behalf of the Author. 000151521 980__ $$a1744 000151521 982__ $$gUniversity of Queensland>School of Economics>Risk and Sustainable Management Group Working Papers