Domestic Policies in the United States and United Kingdom After the Second World War

Roy Harrod

Chapter 10 in Money, 1969, pp 239-267 from Palgrave Macmillan

Abstract: Abstract Both in the United Kingdom and in the United States the Second World War was financed at a low rate of interest, around 3%. This is in contrast, of course, with the high rates of interest that obtained in the First World War. In the United Kingdom, this difference was due to the thinking, advocacy and advice of Keynes.

Keywords: Interest Rate; Monetary Policy; Fiscal Policy; Federal Reserve; Home Market (search for similar items in EconPapers)
Date: 1969
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-15348-0_10

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DOI: 10.1007/978-1-349-15348-0_10

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