In this exciting collection, Iain McLean and Colin Jennings bring
together some of the most eminent social scientists to have advised
British governments since 1964. Successive chapters show what went
wrong in UK economic policy making in the 1960s and 1970s, what
goes better now, and what still goes wrong. The editors explain how
recent developments in economic theory have improved economic
policy making. Contributors include two former Chief Economic
Advisers at HM Treasury, and the co-designer of the successful '3G
spectrum auction'.
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