Expansionary Fiscal Contraction

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In its 1981 Budget, the Thatcher government discarded Keynesian counter-cyclical policies and cut Britain''s public sector deficit in the depths of the worst UK recession since the 1930s. Controversially, the government argued that fiscal contraction would produce economic growth. In this specially commissioned volume, contributors examine recently released archives alongside firsthand accounts fr...
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In its 1981 Budget, the Thatcher government discarded Keynesian counter-cyclical policies and cut Britain''s public sector deficit in the depths of the worst UK recession since the 1930s. Controversially, the government argued that fiscal contraction would produce economic growth. In this specially commissioned volume, contributors examine recently released archives alongside firsthand accounts fr...
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  • Formats: epub
  • ISBN: 9781139985819
  • Publication Date: 15 Sept 2014
  • Publisher: Cambridge University Press
  • Product language: English
  • Drm Setting: DRM