Book
The Good Fight: Six Years, Two Prime Ministers and Staring Down the Great Recession
by Wayne Swan
📖 Overview
The Good Fight chronicles Australia's response to the 2008 global financial crisis through the perspective of Wayne Swan, who served as Federal Treasurer during this period. Swan provides a first-hand account of the decisions and actions taken by the Labor government under both Kevin Rudd and Julia Gillard.
The narrative covers the six years from 2007-2013, detailing the economic strategies implemented to protect Australia from recession. Swan describes the interactions between global leaders, policy makers, and financial institutions as they grappled with the crisis.
Through this memoir, Swan reveals the complexities of economic leadership during a time of international upheaval. The text examines key policies including the stimulus package, bank guarantees, and infrastructure investments.
The book serves as both a historical record and a meditation on the role of government during economic crisis. It raises questions about the balance between political pragmatism and progressive ideals in the face of global financial challenges.
👀 Reviews
Based on available reviews, readers found this political memoir offered detailed insight into Australia's economic response during the 2008-09 financial crisis from then-Treasurer Wayne Swan's perspective.
Readers appreciated:
- First-hand account of policy decisions during crisis
- Behind-the-scenes look at government operations
- Clear explanation of economic concepts
Common criticisms:
- Self-congratulatory tone
- Partisan bias and blame of opposition
- Limited acknowledgment of policy shortcomings
- Lack of personal reflection
One reader noted: "Swan defends his record but doesn't explore alternative views or acknowledge mistakes." Another commented: "Valuable historical record but reads like a long political speech."
Review Data:
Goodreads: 3.5/5 (8 ratings, 2 reviews)
Amazon AU: No reviews available
QBD Books: No reviews available
The limited number of public reviews suggests this book reached a niche audience of readers interested in Australian political memoirs and economic policy.
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🤔 Interesting facts
🔷 Wayne Swan served as Australia's Treasurer during the 2008 Global Financial Crisis and was named Euromoney's Finance Minister of the Year in 2011 for his successful handling of the Australian economy during this period.
🔷 The book reveals that former Prime Minister Kevin Rudd's famous "2am walks" during the financial crisis were actually strategy sessions where key economic decisions were made to protect Australia from recession.
🔷 Australia was the only major developed economy to avoid recession during the Global Financial Crisis, maintaining positive growth while other nations experienced significant downturns.
🔷 Swan details how Australia's $42 billion stimulus package was crafted, including the controversial decision to send $900 checks directly to eligible Australian taxpayers.
🔷 The memoir provides an insider's view of the Labor Party leadership tensions between Kevin Rudd and Julia Gillard, which led to Australia having its first female Prime Minister in 2010.