The Legacy of the Golden Age

Download or read book The Legacy of the Golden Age written by Frances Cairncross and published by Routledge. This book was released on 2002-09-26 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 1960s were a turning point for postwar economic policy. They were the high point of along boom that ran from the end of the Second World War to the oil crisis in 1973. But they also saw the beginning of persistent and high levels of unemployment and inflation that have plagued the economy ever since. In this book, politicians, senior officials and well-known economists from several countries, including James Callaghan, Roy Jenkin, Robert Solow and Charles Kindleberger, discuss economic and social policy in the 1960s and its consequences.