The turn to economic liberalisation from the 1970s on used ideas from the academy to address the problems of over-regulation and economic policy making by deal doing. But once underway, what began in a promising intellectual ferment degraded rapidly into a deregulatory formula.
In this talk Nicholas Gruen explored what those ideas were, where they worked and where they didn’t. And based on his own work he sketched out numerous ideas that might have replenished the intellectual larder as we went.
Martin Wolf provided a commentary on Nicholas’s proposals followed by Q&A with the audience.