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Pandora's Box
Adam Curtis
Episode Three A programme on post-war economic management in the United Kingdom, and attempts to prevent relative economic decline and the perception of the 1960s Wilson governments that devaluation would jeopardize against national self-esteem. By the mid 1970s, stagflation emerged to confound the Keynesian theories used by policy makers. Meanwhile, a group of economists had managed to convince Margaret Thatcher, Keith Joseph and other British politicians that they had foolproof technical means to make Britain 'great' again. The saga of how their experiments led the country deeper into economic decline, and asks - is their game finally up?
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