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Conservative Economic Policymaking and the Birth of Thatcherism, 1964–1979 pp 26–57Cite as

Palgrave Macmillan

Policymaking: Structures, Ideas and Influences

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Part of the book series: Palgrave Studies in the History of Finance ((PSHF))

Abstract

In this chapter, we will seek to provide an outline of Conservative policymaking in the 1960s and 1970s. We will seek to show how the three models of supply-side reform, the New Realism, and Powellism competed with one another for primacy. We will also indicate the processes through which this competition took place. Policymaking fell into three distinct sub-periods. The first (1964–1970) saw the Party preparing to regain power following its election defeat in 1964, based on a sharp revision of the Macmillanite policies of the early 1960s. In the second period (1970–1974), the Conservatives in government struggled to implement the programme devised in the 1960s. The third period, from 1974–1979, saw the Tories re-evaluate their approach.

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Notes

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    Adrian Williamson

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© 2015 Adrian Williamson

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Williamson, A. (2015). Policymaking: Structures, Ideas and Influences. In: Conservative Economic Policymaking and the Birth of Thatcherism, 1964–1979. Palgrave Studies in the History of Finance. Palgrave Macmillan, London. https://doi.org/10.1057/9781137460264_2

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