The Conservatives' Economic Policy (Routledge Revivals)

Book Details:

• Author: Grahame Thompson

• Brand: Taylor & Francis Ltd

• Edition: 1

• Binding: Hardcover

• Number of Pages: 222

• Release Date: 22-09-2014

• ISBN: 9781138826663

• Languages: English

• Package Dimensions: 8.9 x 5.7 x 0.8 inches

About The Book:

What happened to economic policy during the first five years of Mrs. Thatcher’s government? While many commentators have emphasized the radical shifts in economic theory and policy following the 1979 election, this book challenges the notion of a revolution in economic policymaking. The left viewed the changes as the introduction of a social market economy and authoritarian populism, while the right saw it as the rise of evangelical monetarism and a fresh start.

First published in 1986, the book argues that the Thatcher government faced numerous constraints in policy formation and was unable to implement much of its rhetoric. It explores the ironies that emerged as the Conservative leadership attempted to change the course of the British economy, providing a nuanced analysis of the period.

This insightful work is ideal for students of economics and politics, offering a critical perspective on the economic and political landscape of the Thatcher era.