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This article explains that a major factor in the 1979 public expenditure cuts is the long run tendency for public expen diture to increase in relative cost. It traces the origins of this to the inadequate measurement of public service output and describes the historical trends in the 'relative...
This appendix considers the extent to which changes in UKpast and future trends in productivity are affected by changes in the composition of the labour force. The hypothesis is that certain groups of workers are less productive than others and that shifts in the composition of the labour force...
The National Institute has launched a series of conferences on important issues of economic policy. The conference papers and accounts of the conference discussions are being published by Heinemann Educational Books. The first two books in the series, entitled Demand Management and...
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