Free Market Conservatism (Routledge Revivals): A Critique of Theory & Practice: A Critique of Theory and Practice - Softcover

Inhaltsangabe

First published in 1984, this book carefully dissects and convincingly demonstrates that conservative economics is incoherent in theory and disastrous in practice. The three main schools of thought supporting "free-market" policies 'supply side economics, monetarism and rational expectations- are examined in turn and each is found defective. Three case studies of conservative policy in action follow: Reagan's U.S. Thatcher's U.K. and Pinochet's Chile and their courses are charted in economic conservatism's ideology and social policy, and the book concludes with an assessment of the political reasons for the theoretical incoherence and practical failure.

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