1995/08/01 by N. F. R. Crafts, Nicholas Crafts · 1 citation
Economics, Econometrics and Finance · #Economic Theory and Policy #Economic Theory and Institutions #Housing, Finance, and Neoliberalism
paper · doi:10.2307/2598175
Since the mid-1980's there has been a major resurgence in the economics profession both of theoretical and empirical research on economic growth. In this paper I shall explore the implications of these new ideas for our understanding of the extraordinarily rapid European Growth of the post World War II period and, more briefly, of Britain's relatively slow growth rate. At the same time I wish to suggest that economists may have something to learn from the economic history of these years and that more serious study of this episode might modify some of their research findings.