Conservatism, the Conservative Party, and Its Political Economy

Richard Wade

Chapter 1 in Conservative Party Economic Policy, 2013, pp 6-31 from Palgrave Macmillan

Abstract: Abstract Any study of the Conservative Party’s making of economic policy this past half century needs to be placed in the context of the nature of conservatism and the implications for political economy that stem from such a body of political thought. Indeed, such is the importance of these issues that they require some exploration prior to the undertaking of a substantial empirical analysis. To navigate an area of public administration as complex and demanding as economic management, it is unsurprising that political parties of all hues have tended to rely on some sort of basic economic world view. The main thesis of this chapter is that the Conservative Party has, throughout its history, tended to rely on one of two general economic outlooks when making and implementing its economic policies.

Keywords: Civil Society; Political Economy; Trade Union; Money Supply; Phillips Curve (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-29524-8_2

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DOI: 10.1057/9781137295248_2

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