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Re: turn to monetarism query

Title: Re: turn to monetarism query

Stephen

 

I would start with Chapter XX of J.K. Galbraith Money: Whence it Came, Where it Went.

 

Professor Galbraith was a key participant in these events.

 

 

Regards

 

 

Geoff Edwards

PhD Student

Griffith University

Brisbane, Australia

 

 

-----Original Message-----
From: pkt-owner@xxxxxxxxxxxxxxxx [mailto:pkt-owner@xxxxxxxxxxxxxxxx]On Behalf Of STEPHEN BLOCK
Sent: Wednesday, June 11, 2003 10:08 PM
To: pkt@xxxxxxxxxxxxxxxx
Subject: Re: turn to monetarism query

 



 In the early 70's, Nixon turned away from wage and price control in favour of monetary solutions (to combat inflation). Can anyone cite any good accounts of this? It can be within the broader context of the turn to monetarism in the US and the UK, but my interest is on Nixon's doing this, the possible motivations behind it and the effects these changes had on the direction of economic policy. Obviously this is a large subject, but my interest is really on the kinds of debates around this turn around that time. But any other suggestions would be appreciated.

Thanks

Stephen

 

 

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