Publisher's Synopsis
This volume brings together economists and political scientists to present an assessment of the new government policies, known as "Thatcherism", which have dominated the 1980s.;The papers presented here focus on the underlying political economy, and re-examine the role and purpose of the state in the economy. As well as examining the philosophical basis of state intervention, the volume attempts to set new ideas in an historical context and show how they have been translated into practice. To this end, a number of areas of policy - taxation, social security, nationalized industries, macro-economics and local government - are discussed in the latter part of the book.
