Lobster Issue 79 (Summer 2020)
FREE
[PDF file]: […] appreciation of the pound expected from its imminent status as a ‘petro-currrency’, the government would raise interest rates to ‘control the money supply’. Which is what the Conservative government elected in 1979 did. Increased interest rates made the pound attractive, pushing up the value of sterling. Frank Blackaby noted that, during the great rise […]
Lobster Issue 59 (Summer 2010)
FREE
[PDF file]: […] bank-rolling the project. The Volcker Fund supplied the funding for the Chicago School’s Free Market Study and paid for Hayek to travel from London and tour America. Conservative think tanks collected donations from corporations, to convert their anti-government instincts into credible research. Invisible Hands reports that, as early as 1958, twenty-six of the largest […]