Lessons from Experience and Warnings for the Future

Lord Robbins
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Lord Robbins: The London School of Economics

Chapter 7 in Against Inflation, 1979, pp 30-34 from Palgrave Macmillan

Abstract: Abstract My Lords, the subject of to-day’s debate raises questions relating both to the past and to the future, both to what has happened and to what may happen. As regards the past, as a cross-bencher I profoundly desire to avoid party recriminations. I do not think that such recriminations help much in understanding the difficult problems with which we are faced. But I do believe that there have been errors in the past on both sides, and I think that there is some purpose to be served in attempting to draw some lessons therefrom. I have three such lessons particularly in mind.

Keywords: Distributive Justice; Aggregate Demand; Income Policy; Trade Union Leader; Correct Medicine (search for similar items in EconPapers)
Date: 1979
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DOI: 10.1007/978-1-349-04478-8_7

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