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This podcast features speeches and conversations with Andrew Leigh, the federal member for Fenner in the Australian Parliament. Andrew is an economist, author and triathlete. His website is andrewleigh.com. Authorised by Andrew Leigh MP, Gungahlin Place, Gungahlin ACT 2912.
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Friday Nov 02, 2018
Friday Nov 02, 2018
On 31 October, i presented the Lionel Murphy Lecture at the ANU, reflecting on Lionel Murphy's legacy and the challenge of framing competition laws that could help reduce inequality.
Australia has a competition problem: there is not enough of it. Our industries are concentrated. Our markets show signs of weak competition.
There is a strong progressive case for repositioning how we think about competition. Focusing more on the competitive process, the structure of markets and the incentives those structures create for firms will play an important role in reducing inequality.
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