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In the 1980s and 1990s successive United Kingdom governments enacted a series of reforms to establish a more market-oriented economy, closer to the American model and further away from its Western European competitors. Today, the United Kingdom is one of the least regulated economies in the...
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This book offers a timely and comprehensive assessment of changes in British economic policy, casting doubts about the much heralded 'economic miracle' in the face of the continuing recession in the early 1990s
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How did American and British policymakers become so enamored with free markets, deregulation, and limited government? This book--the first comprehensive transatlantic history of the rise of neoliberal politics--presents a surprising answer. Based on archival research and interviews with leading...
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"The author argues that Margaret Thatcher's free-market arguments highlighted the economic shortcomings of Keynesianism and socialism and paved the way for a significant realignment of the Conservative Party and re-thinking of British economics."
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