Monetarism and Coal

Synopsis

Examines the economic theory of monetarism looking at its application to the nationalised coal industry. Contains extracts from a 1976 ‘Newsday’ interview with Professor Milton Friedman. How his ideas on inflation, union power and the nationalised industries became a prescription for public policy under the Conservative Party from the late 1970s is illustrated with archive film of Sir Keith Joseph and Sir Geoffrey Howe. Huw Benyon, Durham University, explains what this new monetarist philosophy meant for the coal industry and why conflict between miners and government became almost inevitable after the 1979 elections. Interviews with Nigel Lawson and Norman Tebbit during the miners’ 1984-85 strike show the Conservative government’s thinking at the time.

Series

Social Science Foundation Course, Course D102

Language

English

Country

Great Britain

Medium

Video; Videocassette. Standard formats. col. 25 min.

Year of production

1986

Availability

OUT OF DISTRIBUTION

Subjects

Economics; Politics & government

Keywords

coal industries; monetarism

Credits

Producer

Clare Falkner

Cast

David Coates

Production Company

Name

BBC Open University Productions

Distributor

Name

Open University Worldwide

Web

http://www.ouw.co.uk External site opens in new window

Phone

+44 (0) 1908 274066

Address

Walton Hall
Milton Keynes
MK7 6AA

Notes

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