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The Impossibility of Financial Autarky
Author(s) -
Cappie Forrest
Publication year - 1986
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.1468-0270.1986.tb01763.x
Subject(s) - autarky , impossibility , morality , investment (military) , economics , finance , law and economics , political science , law , market economy , welfare , politics
Mr Roy Hattersley has called for the establishment of a national investment bank to secure funds for economic growth in Britain. Forrest Capie, of the City University Business School, and G.R. Steele, Lecfurer in Economics of the University of Lancaster, examine, in two complementary articles, the practical obstacles, logical inconsistencies and objectionable morality of Mr Hattersley's proposal.