Reset: Restoring Australia after the Great Crash of 2020
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- Create Date：2021-04-09 08:51:32
- Update Date：2025-09-06
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- Author：Ross Garnaut
- ISBN：1760642827
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Summary
From the bestselling author of Superpower， a ground-breaking sequel about Australia's best path out of recession。
In Reset， renowned economist Ross Garnaut shows how the COVID-19 crisis offers Australia the opportunity to reset its economy and build a successful future - and why the old approaches will not work。
Garnaut develops the idea of a renewable superpower， he calls for a basic income and he explores what the 'decoupling' of China and America will mean for Australia。
In the wake of COVID-19， the world has entered its deepest recession since the 1930s。 Shocks of this magnitude throw history from its established course - either for good or evil。 In 1942 - in the depths of war - the Australian government established a Department of Post-War Reconstruction to plan a future that not only restored existing strengths but also rebuilt the country for a new and better future。 As we strive to overcome the coronavirus challenge， we need new， practical ideas to restore Australia。 This book has them。
In Reset， renowned economist Ross Garnaut shows how the COVID-19 crisis offers Australia the opportunity to reset its economy and build a successful future - and why the old approaches will not work。
Garnaut develops the idea of a renewable superpower， he calls for a basic income and he explores what the 'decoupling' of China and America will mean for Australia。
In the wake of COVID-19， the world has entered its deepest recession since the 1930s。 Shocks of this magnitude throw history from its established course - either for good or evil。 In 1942 - in the depths of war - the Australian government established a Department of Post-War Reconstruction to plan a future that not only restored existing strengths but also rebuilt the country for a new and better future。 As we strive to overcome the coronavirus challenge， we need new， practical ideas to restore Australia。 This book has them。
Reviews
George
，
As dry as sawdust。 And as inspiring。
Jim Parker
，
This is the third of Ross Garnaut’s books I’ve read and， once again， he lays out an eminently sensible prescription for economic reform - this one more of necessity than choice。 But he’ll still be ignored。That’s not a reflection of his ideas， but of the stinking morass that is Australian politics， where both major parties are empty shells taken over by careerists and student politicians and one-issue ideologues。Garnaut is arguing that the pandemic is an opportunity for Australia to reset across This is the third of Ross Garnaut’s books I’ve read and， once again， he lays out an eminently sensible prescription for economic reform - this one more of necessity than choice。 But he’ll still be ignored。That’s not a reflection of his ideas， but of the stinking morass that is Australian politics， where both major parties are empty shells taken over by careerists and student politicians and one-issue ideologues。Garnaut is arguing that the pandemic is an opportunity for Australia to reset across a range of fronts - taxation， trade， monetary policy， fiscal policy， energy， education。 The biggest one is energy。 Throughout the book he points out that with Biden’s election and now with China pledging itself to net zero emissions by 2060， Australia stands alone in the world as a nation still utterly hostage to the short-term destructive cynics of the fossil fuel industry。 Unless， we start to price carbon （although Garnaut is much more diplomatic than this） we’re toast。The green energy recommendations here I was familiar with from his last book， but I was struck most here by his ideas for taxation， particularly a cash flow tax instead of the race-to-the-bottom corporate tax cuts that the Business Council of Australia has been droning on about for 30 years， and a universal basic income。 。。。more
Stephanie
，
Fundamental disagreement with the proposed policies aside， I cannot come up with a reason to give this book a better rating。 It is wholly one-sided and devoid of any real acknowledgement of the potential downsides or alternative outcomes of the proposed policies and the existence of opposing points of view on questions of fiscal， monetary， economic， and social policy。 The economic analysis is superficial and often arguably inaccurate， though at times cleverly crafted to support a particular side Fundamental disagreement with the proposed policies aside， I cannot come up with a reason to give this book a better rating。 It is wholly one-sided and devoid of any real acknowledgement of the potential downsides or alternative outcomes of the proposed policies and the existence of opposing points of view on questions of fiscal， monetary， economic， and social policy。 The economic analysis is superficial and often arguably inaccurate， though at times cleverly crafted to support a particular side of the argument。 。。。more
J
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