Abstract

An examination of the Government's record suggests that although monetarist theory may survive intact. Mr Lawson has turned from monetarism to Keynesion counter‐cyclical demand management. Nigel Healey, Senior Lecturer in Economics at Leeds Polytechnic, charges that developments presented as technical adjustments conceal a fundamental change of direction in economic policy.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.