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What we can learn about fighting inequality from Australia's convict past

  • Written by Laura Panza, Economist, University of Melbourne
imageAnalysis shows that while land values per acre rose at 2.2% per annum, land rents fell by 0.3% per annum in the 1800s.Powerhouse Museum/Flickr, CC BY-SA

In Australia’s first century, from initial convict settlement in 1788 to the post gold rush decades, the economy grew rapidly. And despite all the changes going on, we found that during this...

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