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| Author: | Booth, A. |
| Title: | New revisionists and the Keynesian era in British economic policy |
| Journal: | Economic History Review
2001 : MAY, VOL. 54:2, p. 346-366 |
| Index terms: | ECONOMIC HISTORY ECONOMIC POLICY KEYNESIAN SCHOOL UNITED KINGDOM |
| Language: | eng |
| Abstract: | This article has two principle goals. The first is to revise an incipient "revisionist" account that postwar economic policy cannot be described as "Keynesian" because Treasury officials were extremely uncomfortable with Keynesian precepts and (orthodox) external balance had greater immediate resonance with policy-makers than (Keynesian) internal goals. The second goal is to demonstrate that the Keynesian era began to unravel under the pressures of slow growth in the 1960s rather than "stagflation" in the following decade. |
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