Wynne Godley asks if Britain will have to withdraw from Europe
Wynne Godley, 25 October 1979
“... receivers. In the past few months, however, there has been a most important new development which may drastically alter the balance of opinion in Britain and which I do not think has yet been generally understood. This is the substantial appreciation of sterling vis-à-vis the currencies of other European countries as a direct result of the new Government’s ... ”