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Books > History > World history > From 1900 > Postwar, from 1945
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The Legacy of the Golden Age - The 1960s and their Economic Consequences (Hardcover, New)
Loot Price: R1,644
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The Legacy of the Golden Age - The 1960s and their Economic Consequences (Hardcover, New)
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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 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. This book should be of
interest to academics, postgraduates and undergraduates in
economics, politics and economic history.
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