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Introduction

In: Conquering Unemployment: The Case for Economic Growth

Author

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  • Jon Shields

Abstract

In the winter of 1971–2, the level of unemployment in the United Kingdom broke through one million. Newspaper headlines shrieked disbelief and horror. The budget of March 1972 saw the government apply its third dose of ‘reflation’ inside a year. Unemployment began to fall.

Suggested Citation

  • Jon Shields, 1989. "Introduction," Palgrave Macmillan Books, in: Jon Shields (ed.), Conquering Unemployment: The Case for Economic Growth, chapter 1, pages 1-20, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-20173-0_1
    DOI: 10.1007/978-1-349-20173-0_1
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