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The 364 economists: ten years on

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  • Sir Geoffrey Howe

Abstract

This is a text of a lecture given at the Annual General Meeting of IFS on 20 May 1991. At the time when I selected the title for this talk, now many months ago, I could hardly have expected the circumstances of 1991 to produce quite such a striking match as they have for those of 10 years ago. There are many differences, of course. But in each case the Chancellor was sticking to a predetermined and well-advertised discipline for the fight against inflation: in my case, in 1981, the MTFS, and in Norman Lamont's, the ERM. In each case the Chancellor was subjected to fierce academic criticism on grounds of principle as much as practice.

Suggested Citation

  • Sir Geoffrey Howe, 1991. "The 364 economists: ten years on," Fiscal Studies, Institute for Fiscal Studies, vol. 12(4), pages 92-108, November.
    • Handle: RePEc:ifs:fistud:v:12:y:1991:i:4:p:92-108
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    Cited by:

    1. Roger Middleton, 2016. "Conservative Economic Policymaking and the Birth of Thatcherism, 1964--1979, by Adrian Williamson/UK Monetary Policy from Devaluation to Thatcher, 1967--82, by Duncan Needham/Expansionary Fiscal Contr," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 23(4), pages 673-679, August.

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