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Tory Economic Policy before the Fall
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argued argument autumn balance Bank of England believed Britain British economy British industry Brittan Budget Callaghan campaign cent certainly Clegg colleagues competitiveness Conservative controlling the money debate demand management Denis Healey devaluation early econ economic evangelicals economic policy economists Edward Heath effect election electoral figures fiscal policy forecasts full employment going Gordon Richardson government's Healey Hoskyns impact important incomes policy inflationary influence interest rates James Prior John Biffen Keynesian leader leadership major Margaret Thatcher ment million monetarism monetarist monetary growth monetary policy monetary targets money supply MTFS Niehans Nigel Lawson opposition output period political post-war pound Prime Minister problem PSBR public expenditure public sector borrowing public spending recession Right Approach right-wing rise Secretary seen Shadow Cabinet Sir Geoffrey Sir Keith Joseph speech squeeze subsequent taxation Thatcher experiment tight tion Tory Party U-turn unemployed unemployment wage Walters wanted wets