Monetarism under Thatcher : Lessons for the Future Book

	List of figures and tables
	The authors
	Foreword
	Preface
	Acknowledgements
	Executive summary
	Introduction
1	A brief history of monetary policy since Radcliffe	3
2	Monetarism in the UK	8
3	Monetarism and the officials	12
4	Monetarism under Thatcher	16
5	Monetarism and the politicians	21
6	Summary and conclusions of Part I	34
7	A Type of supply-side control: control via the 'counterparts'	39
8	Overfunding: a useful tool or cosmetic device?	44
9	Asset-price inflation	48
10	Debt deflation	54
11	Summary and conclusions of Part II	57
12	Monetary base control	63
13	MBC versus funding policy	79
14	A published target for the monetary base	81
15	Summary and conclusions of Part III	83
App. 1	definitions of monetary aggregates	87
App. 2	the behaviour of broad money in 1980/81	88
App. 3	UK versus US monetarism	90
App. 4	a monetary model for the UK	92
App. 5	Demand-side or supply-side control - speed of response of demand and supply	97
	Notes	99
	References	105
	Index	109