The Economic Policies of Gordon Brown and the Treasury: Stability for What? (2001)

Geoffrey Harcourt and John Grieve Smith

Chapter 14 in The Making of a Post-Keynesian Economist: Cambridge Harvest, 2012, pp 215-221 from Palgrave Macmillan

Abstract: Abstract Gordon Brown is almost unique among Chancellors in the pains he has taken to set out the basic principles on which he believes economic policy should be conducted, and the rules which should govern the Treasury’s budgetary policy. He did this most succinctly in his lecture to the Royal Economic Society’s Millennium Conference in July 2000;1 and more recently the Treasury have covered the same ground in more detail in a 350-page handbook on economic policy, Reforming Britain’s Economic and Financial Policy: Towards Greater Economic Stability.2 These guidelines, which faithfully reflect the prevailing neo-liberal orthodoxy, deserve more critical attention than they have so far received.

Keywords: Interest Rate; Monetary Policy; Fiscal Policy; Full Employment; Demand Management (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-34865-3_15

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DOI: 10.1057/9780230348653_15

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