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Is a crisis of confidence the biggest threat facing the Australian economy?

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Is a crisis of confidence the biggest threat facing the Australian economy?

Despite a raft of government stimulus policies, falling interest rates and a suite of measures still to come the economic crisis continues to deepen across the world.

Parliament has just passed Australia’s most ambitious economic rescue package in history –but with business and consumer confidence dangerously low will it be enough to lift the mood?

Join Insight for his intriguing look into the psychological forces driving the economy and the role confidence plays in shaping our future.

And if you want to talk to our guests after the show, catch them in our live online chat below.

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Meet the Guests

  • Professor Robert Shiller

    Robert Shiller is a professor of economics at Yale University and chief economist at MacroMarkets LLC. His new book, Animal Spirits: How Human Psychology Drives the Economy and Why It Matters for Global Capitalism explores how human psychology drives the economy.

  • Professor John Taylor

    John Taylor is a professor of economics at Stanford University and a senior fellow at the Hoover Institution. He is the author of Getting Off Track: How Government Actions and Interventions Caused, Prolonged and Worsened the Financial Crisis.

  • Craig Emerson

    Craig is the Minister for Small Business, Independent Contractors and the Service Economy, and the Minister Assisting the Finance Minister on Deregulation.

  • Gerry Harvey

    Gerry Harvey owns Harvey Norman, one of Australia’s biggest retailers. Although his shares lost two-thirds of their value last year he remains confident in the future.

  • Neil Perry

    Neil is a prominent Australian chef, restaurateur, author and television presenter. Neil is in the process of opening two new restaurants in central Sydney.

  • Penny Martin

    Penny Martin owned a successful hairdressing salon but decided to close her shop to prepare for an uncertain economic future. 

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