Inside Thatcher's Monetarism Experiment
Tim Lankester
Broschiertes Buch

Inside Thatcher's Monetarism Experiment

The Promise, the Failure, the Legacy

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In 1979, Margaret Thatcher's new government was faced with rampant double-digit inflation, rising unemployment and flatlining economic growth. In response, Thatcher pursued an economic policy which rejected the old orthodoxies and was promoted by only a minority of economists: a policy based on the doctrine of monetarism. Tim Lankester was the private secretary for economic affairs to Thatcher during the early years of her government. His insider's account explains her attitudes and decisions and those of the other main players in this deeply damaging experiment in economic policy making, whic...