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IN THE MIDST OF PLENTY

Listener 14 December, 1985.

Keywords: Distributional Economics;

“At the time of the Bengal famine (in which over one and a half million people died), in 1943, I was a young boy in Bengal. I have a harrowing memory of an end]ess procession of emaciated men, women, and children -more like skeletons than human beings -trekking in search of food. And of the roads Jittered with corpses. One recalls families of labourers, fishermen and craftsmen – all of whom had lost their means of livelihood.

14th December 1985 | Comments Closed

THE STAGNATION OF NATIONS

Listener: 16 November, 1985
Keywords: Political Economy & History;
What determines the comparative growth performances of different economies? Some will tell you that it is the amount of labour and capital together, perhaps, with the technologies that are used. Mancur Olson provides a quite different explanation in his The Rise and Fall of Nations: Economic Growth, Stagflation [...]

16th November 1985 | Comments Closed

DEVALUATION!: Five turbulent days in 1984 and then …

Listener:27 July 1985

Keywords: Macroeconomics & Money;

Friday

I was woken at midnight by a reporter to be told that Sir Robert Muldoon had called a snap election, As I drifted back to sleep I wondered if difficulty with the Budget was the reason for the election.

27th July 1985 | Comments Closed