Friedman's lack of influence on British economic policy

James Forder

No Paper-802, Economics Series Working Papers from University of Oxford, Department of Economics

Abstract: Using a range of sources, it is argued that, contrary to common belief, Milton Friedman had no special influence on British policy in the 1970s and 1980s. The opposing impression appears to be derived in part from the work of Friedman’s admirers, but principally from the allegations of Margaret Thatcher’s opponents who believed they could taint her with his name.

Keywords: Friedman; monetarism; Thatcherism (search for similar items in EconPapers)
Date: 2016-09-01
New Economics Papers: this item is included in nep-his and nep-hpe
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