Home » Reflections on Monetarism: Britains Vain Search for a Successful Economic Strategy by Tim Congdon
Reflections on Monetarism: Britains Vain Search for a Successful Economic Strategy Tim Congdon

Reflections on Monetarism: Britains Vain Search for a Successful Economic Strategy

Tim Congdon

Published January 1st 1992
ISBN : 9781852784416
Unknown Binding
320 pages
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 About the Book 

The last 20 years have seen severe macro-economic instability in Britain, with three extreme and highly damaging boom-bust cycles. Professor Tim Congdon, one of the Citys most well-known commentators, has been an influential critic of successiveMoreThe last 20 years have seen severe macro-economic instability in Britain, with three extreme and highly damaging boom-bust cycles. Professor Tim Congdon, one of the Citys 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 Governments reputation for sound financial management. He presents a powerful argument that the root cause of Britains economic instability has been the volatile growth of credit and the money supply. Reflections on Monetarism recommends that in the future Britain must maintain more stable monetary growth.