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The Mythology of Affluence
“The practising economist cannot help observing that one book dominates the intelligent layman’s view of contemporary economics. That book is J. K. Galbraith’s The Affluent Society. Thanks to Professor Galbraith, it is now ‘radical’ to contend that, since the 1950’s, Western governments have sacrificed balance and stability to . . .” read more
British Transport
“An expert committee under Sir Robert Hall has just demonstrated that road traffic—which has already doubled in density since 1952—will certainly double again by 1980, and may treble. At the same time, Dr. Beeching submits a Report to the Government, which, in order to “save money”, envisages a . . .” read more