100th Issue of the Review: The Four Ages of Post-War British Policy Debate

A. Patrick Minford

National Institute Economic Review, 1982, vol. 100, 21-24

Abstract: The NIESR has been for 25 years at the centre of the British macroeconomic policy debate. This seems to be a good occasion to look back critically over that debate and the NIESR's role in it. That role it has always taken very seriously, even though it has often involved painstaking exposition to non-economists of well known economic issues. In this it has continued a tradition actively followed by Keynes, of policy commitment and persuasion as well as the pursuit of research and its dispassionate dissemination. This tradition is frowned on across the Atlantic; there ‘scholars’ are not encouraged to dirty their hands with policy, at least until retirement. So be it; here our society expects greater involvement by its scholars, and he that pays the piper must call the tune.

Date: 1982
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