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A Critique of Monetary Policy$
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A Critique of Monetary Policy: Theory and British Experience

J. C. R. Dow and I. D. Saville

Print publication date: 1990

Print ISBN-13: 9780198283195

Published to Oxford Scholarship Online: November 2003

DOI: 10.1093/0198283199.001.0001

UK Monetary Policy Since 1971

Chapter:
(p. 117 ) 7 UK Monetary Policy Since 1971
Source:
A Critique of Monetary Policy
Author(s):

J. C. R. Dow

I. D. Saville

Publisher:
Oxford University Press
DOI:10.1093/0198283199.003.0007

Is a short description of monetary policy since 1971. It provides a brief overview of the monetary controls that will form the basis of the next few chapters. It then has a summary of the basic policies undertaken by Heath, Wilson, Callaghan, and Thatcher, and the major events that influenced monetary policy.

Keywords:   James Callaghan, corset, domestic credit expansion, Edward Heath, inflation, monetary control, Margaret Thatcher, Harold Wilson, monetary policy

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