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2012 | OriginalPaper | Chapter
The Industrial Revolution
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So far the case for major changes in economic policy priorities set out in this book have been largely theoretical. If they are to be a basis for deciding how to tackle some of our most pressing problems, it would help enormously if they could be shown not only to provide persuasive abstract theoretical constructs but also to be soundly based on empirical evidence. Apart from any merit that internal coherence and credibility may give them, is it possible to adduce evidence to validate them? If they can pass this sort of test, there would be much more solid reasons for believing that they can provide reliable guidance for future policymaking.