The Hudson Report and education

Abstract

THE HUDSON INSTITUTE EUROPE, IN ITS RECENT REPORT, THE UNITED KINGDOM IN 1980, has taken the pulse of the so‐called ‘sick man of Europe’ and has reached a sombre conclusion. The real economic condition of Britain is one of declining competitiveness, deteriorating balance of payments and declining standards of living. In 1974 for the first time in the post war era, it is stated, Britain's individual wealth registered an absolute decline and this is likely to translate itself into a long range absolute decline unless great efforts are made on a national scale to prevent it. The loss of real income and shrinking personal welfare may lead to serious internal political and social strains.