From the perspective of the 1990s, the 1960s seem an economic golden age. National income was growing even faster than in the 1950s; unemployment remained around 2% of the labour force and inflation was at 4% for most of the decade. The decade marked the peak of the long boom that began at the end of the Second World War and was to continue until the oil crisis of 1973. Prosperity was linked with social change in many forms, including the relaxations in the law that contributed to the arrival of the permissive society, the founding of many new universities and the first attempts to join the...
From the perspective of the 1990s, the 1960s seem an economic golden age. National income was growing even faster than in the 1950s; unemployment rema...