"The estimation in which different qualities of labour arc held comes soon to be adjusted in the market with sufficient precision for all practical purposes, and depends much on the comparative skill of the labourer and intensity of the labour performed, The scale, when once formed, is liable to...

Few issues of economic development arouse such deep emotions or controversies as the role of the foreign sector. Most orthodox economists believe that foreign aid, investment, technology and transnational corporations (TNC) are important contributory factors to economic development. On the other...

This article describes the federal government's rural policy activities during 1986. It emphasizes the interactions between rural and other policy areas and the prevailing influence of "politics". The Labor Government's rural policy-making in 1986 was preoccupied with the ramifications of the...

The key role of institutions in mediating rural markets, and thus in influencing economic change in agriculture, is explored. Pertinent theories of institutional change are reviewed and the place of external intervention, whereby outside agencies attempt to assist market mediation, is examined....

By 1850, New South Wales (NSW) appeared to have entered a period of long term economic stability which was almost entirely dependent on the production of fine wool. The prospects of such a future vanished with the discovery of large quantities of alluvial gold in 1851. The population of the...

Market milk policies pursued by statutory milk marketing authorities differ between states in Australia. The policy differences are particularly large between Victoria and New South Wales and are thought to produce different levels of farm costs. It was hypothesised that the New South Wales...