From Monetary Restraint to Closet Keynesianism

Research output: Contribution to journalArticlepeer-review

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.

Original languageEnglish
Pages (from-to)24-29
Number of pages6
JournalEconomic Affairs
Volume7
Issue number4
DOIs
Publication statusPublished - Apr 1987

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