1.

Record Nr.

UNINA9910252737903321

Autore

Congdon Tim

Titolo

Reflections on monetarism : Britain's vain search for a successful economic strategy / / Tim Congdon (CBE, Chairman, Institute of International Monetary Research and Professor, University of Buckingham, UK)

Pubbl/distr/stampa

Aldershot, England ; ; Brookfield, Vt. : , : E. Elgar Institute of Economic Affairs, , 1992

ISBN

9781788970709

1788970705

Descrizione fisica

1 online resource (xi, 295 pages)

Disciplina

338.941

Soggetti

Monetary policy - Great Britain

Great Britain Economic policy 1979-1997

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di bibliografia

Includes bibliographica references and index.

Sommario/riassunto

The last 20 years have seen severe macroeconomic instability in Britain, with three extreme and highly damaging boom-bust cycles. Professor Tim Congdon, one of the City's most well-known commentators, has been an influential critic of successive governments' failures in economic policy throughout this period. Reflections on Monetarism brings together his most important academic papers and journalism, including his remarkably prescient series of articles in The Times from 1985 to 1988 forecasting that the Lawson credit boom would wreck the Thatcher Government's reputation for sound financial management. He presents a powerful argument that the root cause of Britain's economic instability has been the volatile growth of credit and the money supply.