The State and the Market: The UK Experience of Privatization
by: J.A. Kay
1987, 38 pages
Type: Occasional Paper [24]
ISBN: 1-56708-022-7
Keywords: Economic Reform
This paper discusses the intellectual climate surrounding the a shift from an apparently the unlimited belief in the capacity of government to engage in rational economic intervention to a deep skepticism of the motives and abilities of government and a reassertion of the value of market forces. The paper is mainly focused on the U.K. experience.
