Author: Michael J. Oliver
Publisher: Routledge
ISBN: 0429777493
Category : History
Languages : en
Pages : 187
Get Book Here
Book Description
First published in 1997, this volume responds to the Conservative intention of conducting economic policy along monetarist lines after winning the General Election in May 1979. Michael J. Oliver argues that the monetarist strategy was rejected for several reasons during the 1980s, including the recession of the early 1980s, the change in attitude to the role of the exchange rate and disagreements between politicians and policy-makers. It is shown that the disputes between Chancellor Nigel Lawson, Lady Thatcher and her economic adviser, Sir Alan Walters, are central to explaining why macroeconomic policy-making evolved considerably from the mid-1980s. This book is the first attempt by an economic historian to apply a social learning model to the post-1979 period. By adopting an inter-disciplinary approach, Oliver has made both an accessible addition to the debate on the conduct of economic policy since 1979 and a major contribution to the growing interest in social learning amongst social scientists.
Author: Jörg Bibow
Publisher:
ISBN:
Category :
Languages : en
Pages :
Get Book Here
Book Description
Author: Karel Jansen
Publisher: Routledge
ISBN: 113519789X
Category : Business & Economics
Languages : en
Pages : 216
Get Book Here
Book Description
First Published in 1983. This book is a contribution to the debate about Monetarism as an economic policy, and whether and how Monetarist policies can contribute to solving the current economic crisis. The diverse backgrounds and opinions of the distinguished economists writing in this volume, some supportive and some critical of Monetarism, ensure a variety of interpretations of the causes of, and responses to, the crisis. Overall, however, the book lays emphasis on two related factors which are frequently neglected in the current debates. Firstly, that the current economic crisis is a world crisis which is felt concomitantly, though in different forms and with different intensities, in the industrial countries, in the countries of the socialist bloc, and in the Third World. And although its manifestations in the industrial and in the developing countries have been quite different, the proposed policy answer has been fairly homogeneously Monetarist. Secondly, the message occurs throughout the book that in today's highly integrated world economy, national economic policies have lost much of their autonomy; Monetarist policies should therefore be assessed as to their consistency with external conditions and their effects on other countries. The contributors analyse the manifestations of the economic crisis in various parts of the world and give their individual views on Monetarist policies. Obviously there is no agreement, but that is not the purpose of this volume: its aim is to place the Monetarism discussion in the international context in which it should be conducted.
Author: Gordon Pepper
Publisher: Springer
ISBN: 0333995473
Category : Business & Economics
Languages : en
Pages : 238
Get Book Here
Book Description
An authoritative inside account of the origins, successes and failures of monetarism in Britain. Gordon Pepper provides a portrait of early monetarism in the UK, explains its growing appeal in the 1970s and assesses the outcome of monetarism under Thatcher, from his own perspective as a 'fly on the wall'. He provides a comprehensive guide to macroeconomic forecasting and its policy implications.
Author: Tim Congdon
Publisher: Edward Elgar Publishing
ISBN: 1788970705
Category : Business & Economics
Languages : en
Pages : 304
Get Book Here
Book Description
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.
Author: Veselin Bozhikov
Publisher: SPHERE Association
ISBN: 954980352X
Category :
Languages : en
Pages : 34
Get Book Here
Book Description
This book has revealed the secret of monetarism (Monetary Matrices). You will find regularities of the monetarist fraud and replacement of reality. It is clarified that crises are the mechanism for abrupt withdrawal of real resources from the subordinates. Here for the first time presented in its entirety the fraud of Global Monetarism.
Author: Scott Sumner
Publisher: University of Chicago Press
ISBN: 0226826562
Category : Business & Economics
Languages : en
Pages : 415
Get Book Here
Book Description
The first book-length work on market monetarism, written by its leading scholar. Is it possible that the consensus around what caused the 2008 Great Recession is almost entirely wrong? It’s happened before. Just as Milton Friedman and Anna Schwartz led the economics community in the 1960s to reevaluate its view of what caused the Great Depression, the same may be happening now to our understanding of the first economic crisis of the 21st century. Foregoing the usual relitigating of problems such as housing markets and banking crises, renowned monetary economist Scott Sumner argues that the Great Recession came down to one thing: nominal GDP, the sum of all nominal spending in the economy, which the Federal Reserve erred in allowing to plummet. The Money Illusion is an end-to-end case for this school of thought, known as market monetarism, written by its leading voice in economics. Based almost entirely on standard macroeconomic concepts, this highly accessible text lays the groundwork for a simple yet fundamentally radical understanding of how monetary policy can work best: providing a stable environment for a market economy to flourish.
Author: Milton Friedman
Publisher: Wiley-Blackwell
ISBN: 9780631171119
Category : Business & Economics
Languages : en
Pages : 188
Get Book Here
Book Description
Author: David Smith
Publisher: Penguin UK
ISBN:
Category : Business & Economics
Languages : en
Pages : 200
Get Book Here
Book Description
David Smith: The Rise and Fall of Monetarism. The theory and politics of an economic experiment. Penguin Books, Harmondsworth 1987, 186 Seiten, 3,95 Pfund.
Author: K. Alec Chrystal
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 490
Get Book Here
Book Description
Monetarism has had a major impact on the thinking of political leaders and the conduct of economic policy during the last decade. These two volumes trace the origin and development of monetarism from the work of David Hume and Irving Fisher through to the very recent research by eminent contemporary economists including among others Milton Friedman, Robert Lucas, Rudiger Dornbusch and Thomas Sargent. Wide-ranging and comprehensive in scope, the book covers both the theoretical and empirical aspects of monetarism as well as its implications for economic policy.
