It is often quipped that economists base many of their theories on assumptions. The old joke is that should an economist be stranded on a desert island, he will merely assume that a boat is available and quickly depart from the island. Indeed, whilst analytically comparing Keynesian and neo-liberal ...

Outline and evaluate the ideas if the 'New right' By Paul Ingham The winter of 1979 was a winter of political change. This change of direction involved the reassertion of the views of competition, freedom of choice, self-reliance, incentives and non-intervention of the state in order t...