Monetary policy and price stability in British post-war debate: restatement of evidence from economists’ papers presented to the Radcliffe Committee

Carlo Cristiano and Paolo Paesani

The European Journal of the History of Economic Thought, 2018, vol. 25, issue 6, 1311-1341

Abstract: The article reconstructs the opinions expressed by academic economists in front of the Radcliffe Committee, whose Report was a document of considerable importance for the post-war theory of monetary policy. The Committee provided one of the first official occasions to discuss the nexus between inflation and unemployment in Britain and the role of monetary policy in achieving price stability. Analyzing the Report, the Memoranda and the Minutes of evidence put forth in front of the Committee, the article documents the innovative aspects of the Radcliffe doctrine on monetary issues and its complex connections with Keynesian and Post-Keynesian monetary theory.

Date: 2018
References: Add references at CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1080/09672567.2018.1523444 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:eujhet:v:25:y:2018:i:6:p:1311-1341

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/REJH20

DOI: 10.1080/09672567.2018.1523444

Access Statistics for this article

The European Journal of the History of Economic Thought is currently edited by José Luís Cardoso

More articles in The European Journal of the History of Economic Thought from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().