How much growth is enough? (Economics).(analysis of economic growth as a policy objective in postwar world)

Quadrant | September 1, 2001| | Copyright

AT THE END of the Second World War, public and official opinion in Western countries, with the Great Depression of the 1930s in mind, gave top priority among economic policy objectives to full employment. In England, the Beveridge Report on "Full Employment in a Free Society" became the agenda of the postwar world; the San Francisco conference, at the insistence of the Australian delegation, made full employment one of the objectives of the United Nations.

But already there were signs in the wind. The Atlantic Charter in 1940 included "advancement for all" among the ...

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