Journal Article

Milton Friedman and U.K. economic policy: 1938-1979

Abstract: Milton Friedman's publications and commentaries became the subject of enormous publicity and scrutiny in the United Kingdom. This paper analyzes the interaction of Milton Friedman and U.K. economic policy from 1938 to 1979. The period under study is separated into four subperiods: 1938-46, 1946-59, 1959-70, and 1970-79. For each of these subperiods, the author considers Friedman's observations on, and role in, key developments in U.K. monetary policy and in general U.K. economic policy.

Keywords: Economic policy - Great Britain; Friedman, Milton;

Bibliographic Information

Provider: Federal Reserve Bank of St. Louis

Part of Series: Review

Publication Date: 2009

Volume: 91

Issue: Sep

Pages: 465-506