Irrational Expectations
Barry Supple, 18 November 1982
Public Enterprise in Crisis: The Future of the Nationalised Industries
by John Redwood.
Blackwell, 211 pp., £5.25, May 1982,0 631 13053 5 Show More
by John Redwood.
Blackwell, 211 pp., £5.25, May 1982,
Controlling Public Industries
by John Redwood and John Hatch.
Blackwell, 169 pp., £12, July 1982,0 631 13078 0 Show More
by John Redwood and John Hatch.
Blackwell, 169 pp., £12, July 1982,
“... It is a nice question whether Britain’s economic institutions or the attempts of economists to explain why they do not tick are in a greater mess. Every now and then, albeit with decreasing regularity, a government minister will tell us, as the Chief Secretary of the Treasury does in the collection of essays on The 1982 Budget, that there is a new dawn over the hill, that, before our very eyes, ‘things are improving’ – only to be contradicted by some even more authoritative voice, although it hardly needs the CBI to remind us of the frailty of political positive thinking ... ”