’I am very glad that I have read this book... I recommend it to others’ Professor Gordon Pepper, City University Business School. ’An excellent, informed, and highly lucid summary of the macroeconomic developments since 1979’ Professor Kenneth Weiher, Prof of Economics, University of Texas, San Antonio ’Oliver’s study is greatly to be welcomed....’ Economic History Review

• 1. Social Learning and Policy Transfer. 2. A Failure of Keynesianism? 3. Towards a New Economic Policy: the 1970s. 4. False Start and Policy Confusion: 1979-83. 5. From Monetarism to Pragmatism: 1983-86. 6. The Return to Discretion: 1986-92. 7. Learning from the Past?

’I am very glad that I have read this book... I recommend it to others’ Professor Gordon Pepper, City University Business School. ’An excellent, informed, and highly lucid summary of the macroeconomic developments since 1979’ Professor Kenneth Weiher, Prof of Economics, University of Texas, San Antonio ’Oliver’s study is greatly to be welcomed....’ Economic History Review

• 1. Social Learning and Policy Transfer. 2. A Failure of Keynesianism? 3. Towards a New Economic Policy: the 1970s. 4. False Start and Policy Confusion: 1979-83. 5. From Monetarism to Pragmatism: 1983-86. 6. The Return to Discretion: 1986-92. 7. Learning from the Past?

’I am very glad that I have read this book... I recommend it to others’ Professor Gordon Pepper, City University Business School. ’An excellent, informed, and highly lucid summary of the macroeconomic developments since 1979’ Professor Kenneth Weiher, Prof of Economics, University of Texas, San Antonio ’Oliver’s study is greatly to be welcomed....’ Economic History Review

• 1. Social Learning and Policy Transfer. 2. A Failure of Keynesianism? 3. Towards a New Economic Policy: the 1970s. 4. False Start and Policy Confusion: 1979-83. 5. From Monetarism to Pragmatism: 1983-86. 6. The Return to Discretion: 1986-92. 7. Learning from the Past?