Australian finance minister’s economic hero? Springsteen, not Keynes
CANBERRA (Reuters) – Anyone looking for early signs of distress in an economy should forget John Maynard Keynes or Milton Friedman and listen instead to Bruce Springsteen. That’s the message from Australian Treasurer Wayne Swan, who on Wednesday cited the American rocker, known as The Boss, as one of his economic heroes. Swan, named by banking magazine Euromoney as its finance minister of the year in 2011, said Springsteen foretold the story of economic and social change in the United States, particularly around his home state of New Jersey. . . .
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