Abstract
This chapter reviews some of the theoretical debates that have been influential in the discussion of economic policy, with the underlying assumption that it is important to talk about the ideas that have influenced economic policy. As Keynes argues (1936, p. 383) ‘I am sure that the power of vested interests is vastly exaggerated, compared with the gradual encroachment of ideas.’
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© 2002 Wyn Grant
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Grant, W. (2002). Economic Theory and Economic Policy. In: Economic Policy in Britain. Contemporary Political Studies Series. Palgrave, London. https://doi.org/10.1007/978-1-4039-0733-2_4
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DOI: https://doi.org/10.1007/978-1-4039-0733-2_4
Publisher Name: Palgrave, London
Print ISBN: 978-0-333-92890-5
Online ISBN: 978-1-4039-0733-2
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