Britain's Economic Problem: Too Few Producers; The Rise of the Corporate Economy: The British Experience; Inflation

Here are three (partial) diagnoses of the British disease that may have a bearing on other industrial societies as well. In a work that has attracted a lot of attention, Bacon and Eltis of Oxford see a deadly combination in the decline of employment and investment in the production of commercial goods and services while spending rises on public goods and services. Hannah of Cambridge is interesting and judicious about concentration, restrictive practices, and government-business relations. Flemming, of Oxford and the Bank of England, transcends the clichés and shows how complex a phenomenon inflation is.