Julius Chan vs Luigi Einaudi

Chan became Prime Minister of Papua New Guinea for the first time, serving until 1997. His government focused on economic development and infrastructure projects.

Chan's government hired the mercenary group Sandline International to suppress a rebellion on Bougainville Island. The deal sparked a political crisis, leading to protests and Chan's resignation in 1997.

Chan resigned as Prime Minister in July 1997 following the Sandline Affair and a vote of no confidence. He was succeeded by Bill Skate.

Chan returned as Prime Minister in 1999, serving until 2002. His second term focused on economic reforms and improving relations with Australia.

Chan's government was defeated in the 2002 general election. He stepped down as Prime Minister, marking the end of his political career at the national level.

Einaudi was appointed Governor of the Bank of Italy after World War II. He implemented strict monetary policies to curb hyperinflation, including credit restrictions and high interest rates, stabilizing the Italian lira and laying the foundation for post-war economic recovery.

Einaudi was appointed Minister of the Budget in the fourth De Gasperi government. He designed and implemented the 'Einaudi Plan', a series of austerity measures including tax increases and spending cuts, which successfully curbed inflation and stabilized the Italian economy.

Einaudi was elected as the second President of the Italian Republic by Parliament on May 11, 1948. His presidency, lasting until 1955, was marked by his role as a stabilizing figure during the early Cold War period, upholding constitutional norms and promoting economic liberalism.

Einaudi published 'Lezioni di politica sociale', a collection of lectures on social policy. The work articulated his vision of a liberal economic order combined with social welfare, influencing Italian economic thought and policy debates on the role of the state in the economy.