Staying in power
Geoffrey Hawthorn, 7 January 1988
Mrs Thatcher’s Revolution: The Ending of the Socialist Era
by Peter Jenkins.
Cape, 411 pp., £12.95, November 1988,0 224 02516 3 Show More
by Peter Jenkins.
Cape, 411 pp., £12.95, November 1988,
De-Industrialisation and Foreign Trade
by R.E. Rowthorn and J.R. Wells.
Cambridge, 422 pp., £40, November 1988,0 521 26360 3 Show More
by R.E. Rowthorn and J.R. Wells.
Cambridge, 422 pp., £40, November 1988,
“... in power, however, the Conservatives over-reacted to the immediate difficulties. World oil prices rose again in 1979. To contain inflation, already high and likely to rise further, the Treasury imposed fierce monetary controls. The pound and interest rates rose dramatically. (The control of the money supply from the ... ”