Public Policy and Private Interests: The Institutions of by D. C. Hague, W. J. M. Mackenzie, A. Barker (auth.)

By D. C. Hague, W. J. M. Mackenzie, A. Barker (auth.)

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92. 3 Self-N ationalisation HEADNOTE In November 1970 Mr John Davies made the now familiar speech which introduced the phrase 'lame ducks' into the vocabulary of British politics. ' 1 The message that got across perhaps distorted Mr Davies's intention, but it was that the performance of as much as possible of Britain's management and administration should be judged in terms of the profit or loss it made, and that losers should be eliminated by market forces or, failing that, by withdrawal of government encouragement and support.

Tax accountants need not even be professionally qualified, and it is fairly common for officers to move from the Inland Revenue to the other side of the negotiating table. Nevertheless, in both cases - with company accountancy and tax accountancy - the rules of the game are enforced by the situation. 30 Public Policy and Private Interests Company accountants have to keep within both the law and the rules of their profession. Tax accountants also have to play fair with tax-collectors over the accuracy and completeness of the information they provide; otherwise they endanger their own livelihood.

G. D. C. Hague, Managerial Economics: Analysis for Business Decisions (Longmans, London, 1969). 20. S. S. M. Stationery Office, London). 21. B. R. Crick, In Defence of Politics (Weidenfeld & Nicolson, London, 1962). 22. The equivalent (we think) of 'piecemeal social engineering': those interested can find a lucid version in D. Braybrooke and C. E. , 1963). 23. The Member of Parliament and his Information (Allen & Unwin, London, 1970). 24. Ludovic Kennedy, The Trial of Stephen Ward (Penguin Books, Harmondsworth, 1969).

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