Peter Jay (1937-2024), a UK economist, broadcaster and ambassador to the US between 1977 and 1979, was ‘in the room’ when renowned US economist Art Okun (1928-80) sought to solve a political problem for President Lyndon Johnson.
It was 1967, the year before Okun became the White House’s chief economist and the problem was this.
Already a subscriber? Log in
Get 10 issues
for $20
Subscribe to The Spectator Australia today for the next 10 magazine issues, plus full online access, for just $20.
- Delivery of the weekly magazine
- Unlimited access to spectator.com.au and app
- Spectator podcasts and newsletters
- Full access to spectator.co.uk
Or
Unlock this article
You might disagree with half of it, but you’ll enjoy reading all of it. Try your first month for free, then just $2 a week for the remainder of your first year.
Comments
Don't miss out
Join the conversation with other Spectator Australia readers. Subscribe to leave a comment.
SUBSCRIBEAlready a subscriber? Log in