20世纪60年代，凯恩斯主义经济政策营造出一种人人受益的幻影：高就业水平、高工资增长；英伦三岛成了地球上最酷的地方，披头士、滚石乐队、嘉纳碧街（Carnaby Street）上的粉彩风（pastal fashions ） ， 无不令人目眩神迷。
In the 1960’s, Keynesian policies delivered the illusion that everyone was benefiting, with high levels of employment and significant wage growth. Britain was the coolest place on earth, boasting the Beatles and the Rolling Stones and the pastel fashions of Carnaby Street.