Penguin economics
1 total work
This book examines the personalities (President Reagan and Prime Minister Thatcher, Milton Friedman and Sir Keith Joseph, Denis Healey and Edward Heath) and political in-fighting that led to a remarkable but short-lived triumph for monetarist theory and policy. Now that even Conservatives have consigned monetarism to the scrap-heap of history, David Smith draws out the unhappy lessons of a fundamentally flawed economic experiment.