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'.
I. McLean
democracy economic policy economy government Institution Policy political economy Public Choice social science British Politics
'That is the great strength of this book: it forces us to ask why we do economics, not from a purely abstract set of values, but rather from the perspective of those who have had to wrestle with these issues on a day-to-day basis.' - Roger Vickerman, Public Administration