
Free Download Duncan Needham, "Expansionary Fiscal Contraction: The Thatcher Government's 1981 Budget in Perspective" English | ISBN: 1107042933 | 2014 | 251 pages | PDF | 2 MB In its 1981 Budget, the Thatcher government discarded Keynesian counter-cyclical policies and cut Britain's public sector deficit in the depths of the worst UK recession since the 1930s. Controversially, the government argued that fiscal contraction would produce economic growth. In this specially commissioned
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