Reflections on monetarism : Britain’s vain search for a successful economic strategy /
The last 20 years have seen severe macroeconomic instability in Britain, with three extreme and highly damaging boom-bust cycles. Professor Tim Congdon, one of the City's most well-known commentators, has been an influential critic of successive governments' failures in economic policy thr...
| Main Author: | |
|---|---|
| Format: | eBook |
| Language: | English |
| Published: |
Cheltenham :
Edward Elgar,
1992
|
| Subjects: | |
| Online Access: | https://www.elgaronline.com/view/9781852784416/9781852784416.xml?rskey=L6Jg9R&result=9 Información sobre el autor |
Table of Contents:
- Pte. 1 The rise of British monetarism: setting the agenda; some key themes; the rationale of the medium-term financial strategy; Britain's monetarist experiment - initial setbacks followed by triumph. Pte. 2 The Fall of British monetarism: early warnings; a typical Tory boom; I told you so; some initial theorizing. Part 3 Keynes and British Monetarism: are we really all Keynesians now?; Keynes, British monetarism and American monetarism; the exchange rate in British monetary policy - or where British economics went wrong. Part 4 Two period pieces: the intelligent radical's approach to the balance of payments; introducing the concept of equity withdrawal.