Keynesian Spirits



How Governments Actually Choose Commission Heads

From a Guardian editorial:

“The story goes that back in the early noughties, Adair Turner was rung up by a smooth-cheeked power-broker in Downing Street. They really wanted him to lead an inquiry – ideally, the crucial area of drugs policy. To which the former head of the CBI replied that he had a footnote in one of his books calling for the liberalisation of the illegal-drugs trade. A long pause on the other end of the phone – and then, ‘Well, how about pensions?'”

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