Comment on Roy A. Batchelor’s Paper

Geoffrey Maynard

A chapter in Monetarism in the United Kingdom, 1984, pp 172-175 from Palgrave Macmillan

Abstract: Abstract I agree in a very broad sense with Batchelor’s conclusion that the steep rise in unemployment in the UK in the 1970s was due to (or can be described as) a rise in the ‘natural’ rate, and that the further rise in unemployment in Mrs Thatcher’s government period can be attributed in part to one or two unfortunate features in policy pursued. However, in my view, analysis in terms of the ‘natural’ rate obscures rather than illuminates what has been going on in the UK economy.

Date: 1984
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:pal:palchp:978-1-349-06284-3_10

Ordering information: This item can be ordered from
http://www.palgrave.com/9781349062843

DOI: 10.1007/978-1-349-06284-3_10

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().