Global Economic Policy the Combined Term Paper

Thatcherism is also a political ideology that focuses on privatization of state-owned businesses and utilities, opposition to trade unions and a higher level of free market economic growth. Keynesian economists including Nobel Prize winner Milton Friedman considered Thatcherism anachronistic and more suited for the developing economies of the world than the more complex and developed westernized economies the United Kingdom and United States represent. Keynesians believe that broader economic growth and the focus on managing exchange rates is best defined through aggregate demand indicators for goods and services over money supplies.

Reference Booth (1984) - the Economic History Review, New Series, Vol. 37, No. 2.(May, 1984), pp. 263-267. Accessed from JStor on February 7, 2007 from location:

http://links.jstor.org/sici?sici=0013-0117%28198405%292%3A37%3A2%3C263%3ADA%22R%3E2.0.CO%3B2-Z

Rollings (1985) - the Economic History Review, New Series, Vol. 38, No. 1 N. Rollings. (Feb., 1985), pp. 95-100. Accessed from JStor on February 7, 2007 from location:

http://links.jstor.org/sici?sici=0013-0117%28198502%292%3A38%3A1%3C95%3AT%22RAEP%3E2.0.CO%3B2-G

Porter (1990) - Competitive Advantage of Nations, Dr. Michael Porter.

Harvard Business Review. Boston, MA. March - April 1990. Pages 73-91......