Inside Thatcher’s Monetarism Experiment: The Promise, the Failure, the Legacy

Author:   Tim Lankester (formerly of the University of Oxford)
Publisher:   Bristol University Press
ISBN:  

9781447371359


Pages:   240
Publication Date:   21 May 2024
Format:   Hardback
Availability:   Not yet available, will be POD   Availability explained
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Inside Thatcher’s Monetarism Experiment: The Promise, the Failure, the Legacy


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Overview

In 1979, Margaret Thatcher’s new government was faced with rampant double-digit inflation, rising unemployment and flatlining economic growth. In response, Thatcher pursued an economic policy which rejected the old orthodoxies and was promoted by only a minority of economists: a policy based on the doctrine of monetarism. Tim Lankester was the private secretary for economic affairs to Thatcher during the early years of her government. His insider’s account explains her attitudes and decisions and those of the other main players in this deeply damaging experiment in economic policy making, which promised much but completely failed to deliver. Offering fascinating insights into one of the most unsuccessful episodes of British economic history, he also examines the legacy of monetarism for the economy today.

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Author:   Tim Lankester (formerly of the University of Oxford)
Publisher:   Bristol University Press
Imprint:   Policy Press
ISBN:  

9781447371359


ISBN 10:   1447371356
Pages:   240
Publication Date:   21 May 2024
Audience:   Professional and scholarly ,  General/trade ,  Professional & Vocational ,  General
Format:   Hardback
Publisher's Status:   Forthcoming
Availability:   Not yet available, will be POD   Availability explained
This item is yet to be released. You can pre-order this item and we will dispatch it to you upon it's release. This is a print on demand item which is still yet to be released.

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Tim Lankester was Margaret Thatcher’s first private secretary for economic affairs. He subsequently held senior positions at HM Treasury, the IMF, World Bank, Overseas Development Administration, School of Oriental and African Studies, University of London and Corpus Christi College, Oxford. He is author of The Politics and Economics of Britain’s Foreign Aid: The Pergau Dam Affair (2013).

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