Inside Thatcher’s Monetarism Experiment New:New written bloodily in the sands

written bloodily in the sands of a distant shore

There lived a young Smoo by the name of Bill

The NUMA Files #7 (The NUMA Files) Cussler

Written by Chris McDowall (Electric Bastionland) and with graphic design by Johan Nohr (MÖRK BORG)

Inside Thatcher’s Monetarism Experiment New:New written bloodily in the sandsIn 1979, Margaret Thatchers new government was faced with rampant double digit inflation, rising unemployment and flatlining economic growth. In response, Thatcher pursued an economic policy which rejected the old orthodoxies and was promoted by only a minority of economists: a policy based on the doctrine of monetarism. Tim Lankester was the private secretary for economic affairs to Thatcher during the early years of her government. His insiders