/ think it is something which any professional economist is bound to reflect on with shame - that in 1932 we had this level of unemployment. We got it down to 70 or 80 thousand in 1945 and now we have shot up again to over three million. The last of three weekly conversations between Sir Alec Cairncross , Economic Adviser and Head of Government
Economic Service 1961-69 and Master of St Peter's College, Oxford 1969-78; and william KEEGAN, Economic Editor of The Observer
Producer ANTHONY MONCRIEFF