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Friedman's lack of influence on British economic policy

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  • James Forder

Abstract

Using a range of sources, it is argued that, contrary to common belief, Milton Friedman had no special influence on British policy in the 1970s and 1980s. The opposing impression appears to be derived in part from the work of Friedman’s admirers, but principally from the allegations of Margaret Thatcher’s opponents who believed they could taint her with his name.

Suggested Citation

  • James Forder, 2016. "Friedman's lack of influence on British economic policy," Economics Series Working Papers Paper-802, University of Oxford, Department of Economics.
    • Handle: RePEc:oxf:wpaper:paper-802
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    Cited by:

    1. Nelson, Edward, 2017. "Reaffirming the Influence of Milton Friedman on U.K. Economic Policy," Working Papers 2017-01, University of Sydney, School of Economics, revised Feb 2017.

    More about this item

    Keywords

    Friedman; monetarism; Thatcherism;
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