
Michael Pusey looked into the background of senior executives at the Treasury in his book on Economic Rationalism in Canberra published in the early 1990s
He found that many of these senior executive service members attended private schools.
Many of these senior executives were Catholic school boys as was the Prime Minister of the day, his state premier and the majority of the high court too.
Pusey did not pursue this papist conspiracy – a private school boy conspiracy is far more politically correct for sociologists.
Pusey argued that economics is a set of dangerous ideas that should be exposed to otherwise impressionable students only at the graduate level and when studying politics, philosophy, and economic degree (PPE).
Pusey was speechless when retired Treasury Secretary John Stone asked at a conference where he (Stone) went wrong. Stone studied physics as an undergraduate, and was not exposed to the dangerous ideas that are economics until his PPE at Oxford. Stone followed the exact path that Pusey suggested to replace specialist economics degrees.
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