Applying the Dismal Science: When Economists give Advice to Governments
The editors begin by providing an analysis of developments in post-war economic theory and the relation of this to developments in economic policy in the same period. A growing consensus in theory had filtered through to provide a basis for extremely significant policy initiatives. The highly distinguished contributors in this book address this them in a number of contexts. Peter jay and Alan Budd consider the policy failure of the 1960s and 1970s. Christopher Foster analyses the continuing failures within transport.