There is no economic silver bullet, but every little helps
Posted by David Smith at 09:00 AMCategory: David Smith’s other articles
My regular column is available to subscribers on www.thetimes.co.uk This is an excerpt. Not to be reproduced without permission.
Every so often people start to think great thoughts about improving the performance of the British economy. Nearly 60 years ago, there was a flurry of such thinking. We would give our eye teeth for the UK’s absolute performance in those days, but relatively speaking it was weak, particularly compared with the big European economies.
So, in 1962, the National Economic Development Council (NEDC) was established, bringing together the “three sides of industry” – government, business and the unions. Three years later the LabourRead More »