The Guardian: Growth, what growth? Thatcherism fails to produce the goods

Contrary to widespread assumption, the “sea-change” of liberal market economic policies introduced since 1979 has not boosted British growth, according to a study from the Centre for Business Research at University of Cambridge Judge Business School. The report, entitled The macroeconomic impact of liberal economic policies in the UK, shows that, contrary to widespread belief, GDP and productivity in the UK have grown more slowly since 1979 compared to previous decades.

Read the full article [theguardian]