Since my university days I have spent the last 40 odd years observing the travails and triumphs of the British economy. It related to me being ‘a ten-pound pom’ with an affection for my homeland. More importantly, managing the British economy always struck me as a diabolical proposition when it came to macroeconomic management or getting the internal and external balance right.

I asked Philip Norman, a former treasurer and President of the Victorian Branch of the Society to give us a summary of his life given that he had recently been honoured at last year’s Conference of Economists as an Honorary Fellow of the society. This is an edited version what he wrote:

The following address was given late last year to the ACT branch of the Society by Ross Gittins, the eminent economic journalist who writes for the Age and the Sydney Morning Herald