The Path to Power

See The Downing Street Years, pp. 699-707.

105

Gerrard and National Monthly Economic Review, April 1991.

106

Patrick Minford, The Supply Side Revolution in Britain, Institute of Economic Affairs, 1991. I have also described this more fully myself in The Downing Street Years, pp. 668-87.

107

See The Downing Street Years, pp. 589-617.

108

One of the best summaries of the evidence is that of N.F.R. Crafts, ‘Reversing Relative Economic Decline? The 1980s in Historical Perspective’, Oxford Review of Economic Polity, Volume 7, No. 3, 1991.

109

For example, the Treasury Bulletin (Winter 1991/92, Vol. 3, Issue 1) shows the remarkable improvement in the productivity and finances of the nine largest (once-) nationalized industries over the period.

110

For a full and persuasive defence of the Reagan record against the criticisms made of it, see National Review, 31 August 1992.

111

See pp. 538-9.

112

Hugh Trevor-Roper, The Rise of Christian Europe (1965), pp. 23-4.

113

Ralph Raico, ‘The Theory of Economic Development and “The European Miracle” ‘, in The Collapse of Development Planning, ed. Peter Boettke (New York University, 1994), p. 41.

114

Hernando de Soto, The Other Path (London, 1989).

115

N.R. Evans, ‘Antipodean Economics: Up from Down Under’, National Review, 29 August 1994.

116

George B.N. Ayittey, ‘The Failure of Development Planning in Africa’, in The Collapse of Development Planning, ed. Peter Boettke (New York University, 1994).

117

See p. 525.

118

I am grateful to Peter Anwyl-Harris and GT Management pic for much of the following information.

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