Allen, Bill; Baroudy, Esther; Batley, Richard; Paulson, … - Department of Economics, University of Birmingham - 2007
Despite its varying pattern of cyclical ups and downs, the British economy has, on average,grown at 2.5% per year for six decades, with minimal breaks in trend. So history warns us that government policies to change that trend may have little effect. There is a bit more movement in the trend...
