Leaving it alone
R.G. Opie, 21 April 1983
Britain can work
by Ian Gilmour.
Martin Robertson, 272 pp., £8.95, March 1983,0 85520 571 7 Show More
by Ian Gilmour.
Martin Robertson, 272 pp., £8.95, March 1983,
The Use of Public Power
by Andrew Shonfield, edited by Zuzanna Shonfield.
Oxford, 140 pp., £9.95, January 1983,0 19 215357 9 Show More
by Andrew Shonfield, edited by Zuzanna Shonfield.
Oxford, 140 pp., £9.95, January 1983,
“... ancient ‘quantity theory of money’ which, two centuries after it was so elegantly spelt out by David Hume and a century after it was translated into snappy but empty symbols – MV = PT – by Irving Fisher, is still the basis of so much analysis of inflation. As Sir Ian says, ‘old doctrines never die: in economics, they never even fade away.’ He ... ”