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Macroeconomics After Thatcher and Reagan

Author

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  • John Smithin

Abstract

This widely acclaimed book critically assesses the attempts to put the various ‘conservative economic’ theories into practice. It identifies the disparate and often conflicting elements of the new economic philosophy including monetarism, ‘supply-side’ economics and the new classical economics. It distinguishes the purely macroeconomic parts of the strategy from those with a more microeconomic focus such as deregulation and privatization. It makes a detailed comparison of the very different directions which the ‘conservative revolution’ has taken in Britain and the United States, and suggests some alternative policy principles for the future.

Suggested Citation

  • John Smithin, 1990. "Macroeconomics After Thatcher and Reagan," Books, Edward Elgar Publishing, number 413.
    • Handle: RePEc:elg:eebook:413
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    File URL: http://www.e-elgar.com/shop/isbn/9781852781095
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    Citations

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    Cited by:

    1. Komlos John, 2019. "Reaganomics: A Watershed Moment on the Road to Trumpism," The Economists' Voice, De Gruyter, vol. 16(1), pages 1-21, December.
    2. Elena Briata, 2011. "Marginal tax rates, tax revenues and inequality. Reagan’s fiscal policy," DEP - series of economic working papers 4/2011, University of Genoa, Research Doctorate in Public Economics.
    3. John Smithin, 1997. "An Alternative Monetary Model of Inflation and Growth," Review of Political Economy, Taylor & Francis Journals, vol. 9(4), pages 395-409.
    4. John Komlos, 2018. "Reaganomics: A Historical Watershed," CESifo Working Paper Series 7301, CESifo.

    More about this item

    Keywords

    Economics and Finance;

    JEL classification:

    • G0 - Financial Economics - - General

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