About the Book
In The Great Depression of the 2020s – Its Causes and Who to Blame, Phil chronicles how the elite has exploited deeply flawed mainstream economic theories to enrich themselves at the expense of millions of everyday workers. Sadly, this reliance on flawed economic theories has also sown the seeds for a calamitous economic collapse as great, if not greater than the Great Depression. This event will shake the very foundations of the world as we know it.
Recent Blogs
RBA’s Policy Failure with Inflation Targeting
The Reserve Bank of Australia (RBA) and mainstream economists appear frustrated and perplexed that despite record low interest rates, consumer price inflation has remained stubbornly below its target rate of 2-3% per annum. And low inflation is not just a...
read moreKey Themes in “The Great Depression of the 2020s”
In my book, “The Great Depression of the 2020s”, I make the case that adherence to flawed mainstream economic theory has created massive imbalances in the global economy, imbalances which must be cleansed before sustainable economic growth can resume. In...
read moreIntroducing Myself
I was born in the mid-1950s and raised in Sydney, Australia in a typical middle class family. I had 3 siblings, two hardworking parents and an assortment of family pets. We grew fruit and vegetables and raised chickens in our backyard. We attended church...
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Philip Williams
Author and Consultant
After starting life as an economist, Phil spent the next 35 years working in business and management consulting, where he specialised in strategic planning and business improvement.
He has worked for many of Australia’s largest companies in mining & resources, manufacturing, utilities, telecommunications, finance, professional services and all levels of government across Australia and the Pacific.
Phil maintained an active interest in economics and was one of the few analysts globally to publicly predict the GFC.