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Britain‘s Industrial Survival Co-operative Communities at Work The World as an Economic Entity

Nature volume 162, pages 4546 (10 July 1948) | Download Citation



WITHIN a decade the concept ‘economics' has gone out of vogue and ‘political economy' has again taken its place. This is perhaps not so surprising at a time when attention is turned from analysis to application. Mr. Bowen is definitely a political economist ; and the use of this self-styled title is evidently a warning not to expect any systematic analysis. His examination of the necessary conditions for Britain‘s economic recovery unhesitatingly introduces biological and political factors. Indeed, any realistic approach to applied economic problems could scarcely fail to do so. But after having read the book through, the reader might well wonder what the formulation of "the two main world economic problems"-a declining population and unemploy-f ment-has to do with the future industrial organisa-1 tion of Britain, dealt with in the concluding chapter. I There is no attempt to analyse fully or assess the i relevant problems facing Britain and to reach, through : such an analysis, certain conclusions.

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