No thanks to the liberal revolution
Ian Gilmour, 9 July 1992
The Economic Legacy 1979-1992
edited by Jonathan Michie.
Academic Press, 384 pp., £25, March 1992,0 12 494060 9 Show More
edited by Jonathan Michie.
Academic Press, 384 pp., £25, March 1992,
The Godley Papers: Economic Problems and Policies in the 1980s and 90s
by Wynne Godley.
New Statesman and Society, £2Show More
by Wynne Godley.
New Statesman and Society, £2Show More
Full Employment in the 1990s
by John Grieve Smith.
Institute for Public Policy Research, 68 pp., £7.50, March 1992,1 872452 48 5 Show More
by John Grieve Smith.
Institute for Public Policy Research, 68 pp., £7.50, March 1992,
“... mistake to lay too much at their door. The Keynesian full employment pass had already been sold by Callaghan and Healey in 1975-76; moreover, the liberal revolution could never have taken place had there not been an undertow of populist support waiting to be exploited – as it was – by a skilful and ruthless propaganda campaign. A bigger mistake now would ... ”