Published in conjunction with Macmillan, this book is a unique 'fly-on-the-wall' insight into Margaret Thatcher's revolution in British monetary and economic policy. Gordon Pepper is credited with teaching monetarism to the City of London and had 'insider' status in the early 1980s. He has written a masterly critical account of a fascinating and revealing period in British post-war economic history.
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'...one cannot fault Pepper's history of economic forecasting during that last 30 years and his economic analysis should be seized upon by students and lecturers if they really want to understand money from a master practitioner in the City.' - Michael Oliver, Contemporary British History
'Gordon Pepper was a leading participant in the thoretical disputes which undermined the neo-Keynesian monopoly in monetary policy-making without elaborating an agreed conceptual framework or statistical matrix to take its place...It is hard to...better his outstanding mastery of monetary econometrics.' - Alfred Sherman, Spectator
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