Supply-Side Economics and Budgetary Policy |
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| Authors: | Martin Ricketts Reader |
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| Affiliation: | Economics at the Unviersity of Buckingham He was formerly Research Fellw, Institute of Scocial and Economic Research, University of York, 1974, to 1977, Economist, Industrial Policy Group, 1970 to 1972 He has contributed atrticles to Scottish Journal of Political Economy and Scandinavian Journal of Economics, among others, and is the author of the Economics of Energy (with Michael Webb, Macmillan) and The Economics of Business Enterprise (Harvester, forthcoming) |
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| Abstract: | The meaning of 'supply side' economis has been the cause of some confusion. Martin Ricketts, of the University of Buckingham, reveals that supply-side measures encompass institutional reform as well as cuts in taxation. The Government's policy of privatisation is creating alienable property rights which will improve economic efficiency and reduce the discretionary power of the state. |
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