Policy Makers on Policy

Forrest H. Capie and Geoffrey E. Wood are both Professors of Banking at City University Business School

• 1: Introduction: twenty-five years of monetary policy; 2: Reflections on the conduct of monetary policy; 3: Objectives of monetary policy: past and present; 4: The fight against inflation; 5: Monetary policy in Britain and Europe; 6: Financial and monetary integration; 7: 'The British Experiment'; 8: The conditions for full employment; 9: Benefits and costs: Securing the future for social security; 10: The changing world of work in the 1990s; 11: Some presumptions of economic liberalisation; 12: Markets, governments and virtues