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Thatcher Monetary Policy is Working: No Case for Reflation
Author(s) -
DARBY MICHAEL R.,
LOTHIAN JAMES R.
Publication year - 1982
Publication title -
economic affairs
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.24
H-Index - 18
eISSN - 1468-0270
pISSN - 0265-0665
DOI - 10.1111/j.1468-0270.1982.tb01452.x
Subject(s) - prime minister , argument (complex analysis) , prime (order theory) , monetary policy , economics , political science , law and economics , political economy , keynesian economics , economic policy , law , politics , medicine , mathematics , combinatorics
The Prime Minister's monetary policy has been widely condemned as failing. Two American observers of British economic policy, an academic and a practical economist, maintain that the evidence shows both that it is working effectively and that there is no convincing argument for abandoning it.