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Inflation in the late twentieth century is as much a political phenomenon as an economic one. It arises from the highly developed forms of pluralism which characterise “mixed economies ” with democrat forms of government. Within such societies interest groups make their demands and governments must respond. The governments are not single-minded administrators, but are usually coalitions of interest groups who have added direct political influence to whatever other sources of power and influence they have.

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  • Kenneth Alexander

    Sir Kenneth John Wilson Alexander (14 March 1922 – 27 March 2001) was a Scottish economist and university administrator.

    Articles by Kenneth Alexander
Volume 94, Issue 3

Latest Journal Issue

Volume 94, Issue 3

Includes a commentary by Colin Crouch on the dark heart of today's Conservative party, an article by Stewart Lansley tracing the history of ‘crowding out’, and its use as a justification for austerity and state deflation; and Tim Vlandas and Kate Alexander-Shaw debating the political economy of age. In our reports and surveys section, Deborah Mabbett asks where next for curbing London's emissions? The issue also includes a selection of book reviews such as Andrew Gamble on The Culture of Accountability: A Democratic Virtue by Gianfranco Pasquino and Riccardo Pelizzo, and Leila Simona Talani on Europe's Coming of Age by Loukas Tsoukalis.

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