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The Politics of Complexity

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The Politics of Banking

Part of the book series: Studies in Policy-Making ((STPM))

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Abstract

A notion prevails that the money market is something so impalpable that it can only be spoken of in very abstract words…. But I maintain that the Money Market is as concrete and real as anything else; that it can be described in as plain words; that it is the writer’s fault if what he says is not clear.✶

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Notes and References

  1. Geoffrey E. J. Dennis, ‘Money Supply and its Control’, in W. J. P. Maunder (ed.), The British Economy in the 1970s (London: Heinemann Educational Books, 1980) pp.35–60 (51–4).

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  2. Graham C. Hockley, Public Finance (London: Routledge & Kegan Paul, 1979) pp. 32–41.

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  3. Theodore J. Lowi, ‘Four Systems of Policy, Politics and Choice’, Public Administration Review, 32 (1972) pp. 298–310.

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  4. Notably David Gowland, Monetary Policy and Credit Control (London: Croom Helm, 1978)

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  5. K. K. Zawadzki, Competition and Credit Control (Oxford: Basil Blackwell, 1981).

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  6. W. I. Jenkins, Policy Analysis (Oxford: Martin Robertson, 1978) pp. 19–20 and 90–2

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  7. Robert E. Goodin, ‘Rational Politicians and Rational Bureaucrats’, Public Administration 60 (1982) pp. 23–41 (37).

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  8. William Greider, ‘The Education of David Stockman’, The Atlantic Monthly December 1981, pp. 27–54. (I owe this reference to Anthony King.)

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  9. H. A. Simon, ‘Theories of decision making in economics and behavioural science’, American Economic Review, 49 (1959) pp. 253–83

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  10. Charles E. Lindblom, ‘The Science of “Muddling Through”’, Public Administration Review, 19 (1959) pp. 79–85.

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  11. F. Castles et al. (eds), Decisions, Organisations and Society (Harmondsworth: Penguin, 1976).

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  12. Todd R. La Porte (ed.), Organised Social Complexity: challenge to politics and policy (Princeton University Press, 1975).

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  13. Harold Seidman, Politics, Position and Power, 2nd edition (London: Oxford University Press, 1975) p. 190.

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  14. Richard Rose and Guy Peters, Can Government Go Bankrupt? (London: Macmillan, 1979)

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  15. Richard Rose (ed.), Challenge to Governance: studies in overloaded polities (London: Sage, 1980).

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  16. Jeffrey L. Pressman and Aaron B. Wildaysky, Implementation (London: University of California Press, 1973).

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© 1986 Michael Moran

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Moran, M. (1986). The Politics of Complexity. In: The Politics of Banking. Studies in Policy-Making. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-18242-8_1

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