CHAPTER 9

The Age of Aquarius; oil crisis, inflation and unemployment

The 1960s was a time of revolution. Mostly it was a revolution of young people in western democracies against the old folks and their old ways. Drugs, sex and rock’n’roll was the rallying cry of the revolutionaries, and the time was called by some the Age of Aquarius. But there was the beginnings of a revolution in economics also.

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