From Theory to Policy: The “Keynesian Revolution” in Britain

D. E. Moggridge

Chapter 7 in Monetary Theory and Thought, 1993, pp 109-145 from Palgrave Macmillan

Abstract: Abstract During the last fifteen years one of the minor growth industries in British economics has been the nature, timing and existence of a Keynesian revolution in British economic policy. The subject has spawned a reasonable literature — one sufficiently large that the Economic History Society has devoted one of its “Studies in Economic and Social History” to introduce students and their teachers to the scholarship in the field (Peden, 1988). However, this work has evolved in a fashion that ignores crucial steps in analysis and has ambiguities as to the subject under discussion. It seems useful to examine it again.

Keywords: Monetary Policy; Fiscal Policy; White Paper; Economic Section; Public Work (search for similar items in EconPapers)
Date: 1993
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-12535-7_7

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DOI: 10.1007/978-1-349-12535-7_7

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