British Economic Decline |
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Authors: | Mancur Olson |
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Abstract: | UK economic activity is expanding faster than in Europe, but its recovery begins from a very low ebb. Since the war the UK economy has lagged far behind the West as a whole. Why? Professor Olson offers an explanation - pressure-group power, a new mercantilism encouraged or tolertated by Conservative and Labour Governments. The urgency of economic liberation is indicated by other economists in following articles. |
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