"In the 1980s and 1990s, successive United Kingdom governments enacted a series of reforms to establish a more market-oriented economy, closer to the American model and further away from its Western European competitors." "Seeking a Premier Economy focuses on the labor and product market reforms that have directly impacted productivity, employment, and income inequality. The comparative microeconomic approach of this book yields the most credible evaluation possible, focusing on closely associated outcomes of particular reforms for individuals, firms, and sectors."--BOOK JACKET.