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The Legacy of the Golden Age: The 1960s and Their Econo

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eBay item number:
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Last updated on  May 24, 2014 10:48:42 PDT  View all revisions

Item specifics

Condition:
Brand New: A new, unread, unused book in perfect condition with no missing or damaged pages. See the seller’s ... Read moreabout the condition
Format:

Hardcover

ISBN-13:

9780415071543

Language:

English

ISBN:

9780415071543

Detailed item info

Synopsis
From the perspective of the 1990s, the 1960s seem to have been a golden age for economics. National income was growing even faster than in the 1950s, unemployment remained at about 2% of the labor force, and inflation was at 4% for most of the decade. The long boom that had begun at the end of World War II and was to continue until the oil crisis of 1973 was at its peak. Economic success was the backdrop to a number of economic and social experiments, including the founding of many new universities in the United Kingdom and the first attempts to join the European Community. In this study, a uniquely qualified team of economists and policy-makers examine the economic experience of the 1960s. They examine the conditions which enabled the boom to last for such a long time, and the factors which finally brought it to an end. The decade of the 1960s was rich in policy experiments--many that tried to curb inflation, and others that aimed to increase productivity. In retrospect, neither strategy proved tobe successful, and the late sixties were marked by the rising inflation and falling productivity that were to persist throughout the seventies. The economic problems that emerged are still on the agenda, and this book concludes by assessing the extent to which policy mistakes of the sixties were responsible for these conflicts.

Product Identifiers
ISBN-100415071542
ISBN-139780415071543

Key Details
Number Of Pages224 pages
FormatHardcover
Publication Date1992-03-26
LanguageEnglish
PublisherRoutledge

Additional Details
Copyright Date1992
IllustratedYes

Dimensions
Weight13.4 Oz
Height0.9 In.
Width5.5 In.
Length8.5 In.

Target Audience
GroupYoung Adult Audience
Grade FromCollege Freshman

Classification Method
LCCN91-033651
Dewey Decimal330.9410856
Dewey Edition20

Contributors
Edited byAlec Cairncross, Frances Cairncross

Table Of Content
Table Of ContentPreface Introduction by Alec Cairncross Part I: Why did the Golden Age last so long? Part II: How was it possible to run economies at such high pressure without accelerating wage rates? Part III: Were the instruments of control for domestic economic policy adequate? PArt IV: Could international policy co-ordination have been more effective? Part V: Did the sixties swing too far? Part VI: Did policy errors of the 1960s sow the seeds of trouble in the 1970s?

Certain data records © 2014 Bowker. Rights in cover images reserved by owners.

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

by F. Cairncross

Estimated delivery 3-12 business days

Format Hardcover

Condition Brand New

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.

Publisher Description

From the perspective of the 1990s, the 1960s seem an economic golden age. National income was growing even faster than in the 1950s; unemployment remained around 2 per cent of the labour force and inflation was at 4 per cent for most of the decade. The decade marked the peak of the long boom that began at the end of the Second World War and was to continue until the oil crisis of 1973. Prosperity was linked with social change in many forms, including the relaxations in the law that contributed to the arrival of the permissive' society, the founding of many new universities and the first attempts to join the European Community. In The Legacy of the Golden Age , a uniquely well-qualified team of economists and policy-makers examine the conditions that enabled the boom to last so long, and the factors that finally brought it to an end. The economic problems that had developed by 1970 are still very much on the agenda and the book concludes by assessing the extent to which policy mistakes in the 1960s were responsible for these problems.

Details

  • ISBN 0415071542
  • ISBN-13 9780415071543
  • Title The Legacy of the Golden Age: The 1960s and Their Economic Consequences
  • Author F. Cairncross
  • Format Hardcover
  • Year 1992
  • Pages 224
  • Edition 1st
  • Publisher Routledge
  • Dimensions5.5 in. x 0.6 in. x 8.5 in.
GE_Item_ID:7297230;

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