Introduction

Jon Shields

Chapter 1 in Conquering Unemployment: The Case for Economic Growth, 1989, pp 1-20 from Palgrave Macmillan

Abstract: Abstract In the winter of 1971–2, the level of unemployment in the United Kingdom broke through one million. Newspaper headlines shrieked disbelief and horror. The budget of March 1972 saw the government apply its third dose of ‘reflation’ inside a year. Unemployment began to fall.

Keywords: Exchange Rate; Monetary Policy; Fiscal Policy; Real Exchange Rate; Rational Expectation (search for similar items in EconPapers)
Date: 1989
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-20173-0_1

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DOI: 10.1007/978-1-349-20173-0_1

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