Author: peg

A team at Harvard has released a new version of the Atlas of Economic Complexity, an index of ‘economic complexity’. Journalists have pounced on the model to make that case—as they often do—that Australia is a second class country run by second rate politicians. The problem is that the model seems rather bland, only proving that Australia is a large country with a small population (and correspondingly small market) a long way from the major markets. We already knew this.