Lawson’s Case
Peter Clarke, 28 January 1993
The View from No 11: Memoirs of a Tory Radical
by Nigel Lawson.
Bantam, 1119 pp., £20, November 1992,0 593 02218 1 Show More
by Nigel Lawson.
Bantam, 1119 pp., £20, November 1992,
“... which had two interdependent components. The first was monetarism. Lawson is not afraid to quote David Hume in asserting the fundamental relation between the quantity of money in circulation and the level of prices in the economy as a whole. He tells us that he was converted by the accelerating rate of price increases in the late Sixties and early Seventies ... ”