Abstract
As both unemployment and inflation increased in the 1970s, doubts grew about the capacity of Keynesian policies to deal with Britain’s predicament. Attention moved back towards the market, its need and functions.
‘The minimum requirement of any cure is that it should not be worse than the disease. Monetarism fails to pass that test.’—Sir Ian Gilmour (1983)
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© 1989 Robbie Gilbert
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Gilbert, R. (1989). Monetarism. In: Employment in the 1990s. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-19726-2_6
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DOI: https://doi.org/10.1007/978-1-349-19726-2_6
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-0-333-46489-2
Online ISBN: 978-1-349-19726-2
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