Irrational Expectations
Barry Supple, 18 November 1982
Public Enterprise in Crisis: The Future of the Nationalised Industries
by John Redwood.
Blackwell, 211 pp., £5.25, May 1982,0 631 13053 5 Show More
by John Redwood.
Blackwell, 211 pp., £5.25, May 1982,
Controlling Public Industries
by John Redwood and John Hatch.
Blackwell, 169 pp., £12, July 1982,0 631 13078 0 Show More
by John Redwood and John Hatch.
Blackwell, 169 pp., £12, July 1982,
“... borrowing requirement are transformed by measurements which allow for price changes, so Morris and David Savage, in the same book, make the even more telling observation that public expenditure and income are not dependent solely on government policy. They vary with fluctuations in the economy, since these fluctuations will change the expenditure needs (for ... ”