The Legacy of the Golden Age: The 1960s and Their Economic Consequences

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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.

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About the author (1992)

Cairncross is a senior editor at The Economist. She is the winner of the first Reuter's-Alp Action media award.

Sir Alec Cairncross has alternated between academic life and government employment. He was Professor of Applied Economics at the University of Glasgow from 1951 to 1961, and Master of St Peter's College, Oxford from 1969 to 1978. In the 1960s he was Economic Adviser to Her Majesty's Government from 1961 to 1964 and thereafter Head of the Government Economic Service until 1969. He has held many further advisory posts and has published numerous books and articles on aspects of economic policy and performance, including "Economics and Economic Policy" (Blackwell, 1986).

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