Monetarism Under Thatcher: Lessons for the Future

Front Cover
Edward Elgar, Jan 1, 2001 - Business & Economics - 114 pages
A discussion of the principles of monetary policy in the context of economic and political history, thus seeking to illuminate both monetary theory and monetary policy. It draws on a wide range of sources, making use of the recollections of participants in policy-making during the years of the Thatcher governments. The authors advocate direct control of the monetary base (MO) with interest rates being left to find their market level; and they examine the policy debates under Margaret Thatcher that in the end frustrated this proposal.

From inside the book

What people are saying - Write a review

We haven't found any reviews in the usual places.

Contents

A brief history of monetary policy since Radcliffe
3
Monetarism and the officials
12
Monetarism and the politicians
21
Copyright

10 other sections not shown

Other editions - View all

Common terms and phrases

About the author (2001)

Michael J. Oliver is Associate Professor of Economics at Bates College, Maine, USA.

Bibliographic information