In recent years a dramatic counter-revolution has taken place in economic theory and policy - a rejection of Keynesian interventionism and the re-assertion of the old orthodoxy. As in the 1930s, wage cuts and balanced budgets are seen as the way to improve competitiveness and solve unemployment. It appears we have learnt nothing from earlier experience. Arguing that economic policies have exacerbated the impact of world recession from which Britain should have been relatively immune, the author contends that the underlying issues are quality of output and consumption, the nature of work and a more equal sharing of the freedom and power that income and wealth confer.
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Book Description Penguin Books Ltd, 1992. Hardcover. Book Condition: Good. A slight tan to the page edges. Good reading copy. Top corner of front cover missing. Good condition is defined as: a copy that has been read but remains in clean condition. All of the pages are intact and the cover is intact and the spine may show signs of wear. The book may have minor markings which are not specifically mentioned. Most items will be dispatched the same or the next working day. Bookseller Inventory # mon0004264747
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