Despite decades of consensus that Australia must diversify beyond resource dependence, policy action has repeatedly stalled. This new Insight from the Acton Institute unpacks this paradox as a slow-moving crisis—a systemic drift that erodes capability, legitimacy, and future prosperity. The Insight explores why structural reform so often fails, and argues that policy effectiveness in the 21st century depends not just on what governments do, but how they make sense of what mus

John H. Howard, 15 April 2025 This Insight explores the growing significance of innovation ecosystems in driving economic transformation...