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In: Routledge Revivals
What happened to economic policy during the first five years of Mrs Thatcher's government? Most commentators have emphasised the radical changes wrought in economic theory and policy over the period from 1979. The left saw this as heralding the introduction of the social market economy and authoritarian populism, the right saw it as evangelical monetarism and a new beginning. This book, first published in 1986, challenges the notion that there was a revolution in economic policy making. It emphasises the constraints on economic policy formation and the ironies that these have thrown up with re
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