The State We're InBMJ 1995; 310 doi: https://doi.org/10.1136/bmj.310.6988.1206a (Published 06 May 1995) Cite this as: BMJ 1995;310:1206
- Mel Bartley
Will Hutton Cape, pounds sterling16.99, pp 352 ISBN 0 224 03688 2
The early economists were not only concerned about money. They called themselves “political economists,” and were concerned with the whole complex of social and political institutions that make it possible to have markets at all. Will Hutton has returned to this tradition.
There are two ways of looking at the present ills of the advanced industrial economies. One is that the Keynesian policies which ironed out wild economic fluctuations in the postwar period are no longer viable because their price is too high in terms of inflation and workers' militancy. In a state of full employment, workers got too …