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Reply to Brad De Long's question: 
 
Good question to which there is no esay answer.  My point is that the 
internal story has not been as extensively discussed as it could have been; 
the external story has been extensively mined by a variety of journalists 
and academics.  The internal story is complementary to, not competitive 
with, the external story. 
 
Robert Leeson - Senior Lecturer - Economics Department 
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Murdoch University 
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