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Who we are

Publications:
Professor Patrick Minford

This is a long list; clicking on a section heading below will take you straight there
  1. Books
  2. Articles in Refereed Journals
  3. Invited Contributions to Books, Monographs and Journals
  4. Economic Commentary and Expository Articles
  5. Reviews

BOOKS

  • Substitution Effects, Speculation and Exchange Rate Stability, Vol.3, of Studies in International Economics (general editors, J. Bhagwati and J. Chipman), North-Holland, l978.
  • Unemployment: Cause and Cure, (with D.H. Davies, M.J. Peel and A. Sprague). Martin Robertson, Oxford, l983. 2nd Edition (with above and P. Ashton), Basil Blackwell, Oxford, l985.
  • Rational Expectations and the New Macroeconomics, (with D.A. Peel), Martin Robertson, Oxford, l983.
  • The Housing Morass - Regulation, Immobility and unemployment, (with M.J. Peel and P. Ashton), Institute of Economic Affairs, l987, pp. 170.
  • Monetarism and Macroeconomics - contributions on the current policy debate in the UK,editor, IEA readings, 26, l987.
  • The Supply side revolution in Britain, Edward Elgar, 1991, pp.250.
  • Rational Expectations Macroeconomics: an introductory handbook, Blackwell, 1992 (2nd edition of Rational Expectation and the New Macroeconomics, with David Peel).
  • The Cost of Europe, editor, Manchester University Press, 1992.
  • Markets not Stakes - the Triumph of Capitalism and the Stakeholder Fallacy, Orion Publishing, pp 256
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ARTICLES IN REFEREED JOURNALS

  • 'Supply responses of Malawi Labour', unpublished l969; revised l975, East African Economic Review, June l976.
  • 'Textile Fibre Substitution and Relative Prices', Australian Journal of Agricultural Economics, December 1975, pp. 175-96.
  • 'Terminal Conditions as a Means of Ensuring Unique Solutions for Rational Expectations Models with Forward Expectations', (with K. Matthews and S. Marwaha), Economics Letters, 1979, pp. 117-120.
  • 'The Classical Supply Hypothesis' (with D.A. Peel), Economics Letters, 1979, pp. 229-33.
  • 'A Rational Expectations Model of the UK under Floating Exchange Rates', European Economic Review, 1980, pp. 189-219.
  • 'Asset Acquisition - An Integrated Portfolio Approach to Private Sector Expenditure and Financial Asset Accumulation', (with K. Matthews), Journal of Money, Credit and Banking, November 1980, pp. 644-53.
  • 'The Natural Rate Hypothesis and Rational Expectations - A Critique of Some Recent Development', (with D.A. Peel), Oxford Economic Papers, vol. 32, No. 1, March 1980, pp. 72-81.
  • 'A Rational Expectations Model of the UK Under Fixed and Floating Exchange Rates', in The State of Macroeconomics, (eds. K. Brunner and A. Meltzer), Carnegie-Rochester Series on Public Policy, l980, Vol. 12.
  • 'The Effect on Macroeconomic Management in the UK of the Transition from Fixed to Floating Rates', Journal of Economic Studies, Vol. 7, No.2, 1980, pp. 69-86.
  • 'The Role of Monetary Stabilisation Policy Under Rational Expectations', (with D.A. Peel), Manchester School, March 1981, pp. 39-50.
  • 'The Exchange Rate and Monetary Policy', Oxford Economic Papers, Vol. 33, July 1981 Supplement, pp. 120-42, reprinted in The Money Supply and the Exchange Rate, (eds. W. Eltis and P. Sinclair), Oxford University Press, 1981, pp. 120-42.
  • 'Dynamic Predictive Tests of a Rational Expectations Model of the UK', British Review of Economic Issues, 3, 1981, pp. 39-50.
  • 'The Political Theory of the Business cycle', (with D.A. Peel), European Economic Review, 17 (1982), pp. 253-70.
  • 'The New Cambridge Economic Policy: A Critique of Its Prescriptions', Government and Opposition, 17 (1982), pp. 48-60.
  • 'The Micro Foundation of the Phillips Curve with Rational Expectations', (with D.A. Peel), Oxford Economic Papers,Vol. 34, november l982, pp. 449-51.
  • 'The Phillips Curve and Rational Expectations' (with D.A. Peel), Weltwirtschaftliches Archiv, 118:3, 1982, pp. 456-78.
  • 'Labour Market Equilibrium in an Open Economy', Oxford Economic Papers, November l983 Supplement on Unemployment, Vol. 35(4), reprinted in The Causes of Unemployment, (eds. C.A. Greenhalgh, P.R.G. Layard and A.J. Oswald), Oxford University Press, l983, pp. 207-44.
  • 'Dynamic Predictive Tests of a Model under adaptive and Rational Expectations', (with C. Ioannidis and S. Marwaha), Economics Letters, 11, 1983, pp. 115-21.
  • 'On the Effectiveness of Automatic Stabilisers Under Rational Expectations When There is Partial Current Information' (with D.A. Peel), Economics Letters, 11, 1983, pp. 225-29.
  • 'Some Implications of Partial Current Information Sets in Macroeconomic Models Embodying Rational Expectations' (with D.A. Peel), The Manchester School, September 1983, pp. 235-49.
  • 'The Liverpool Macroeconomic Model of the United Kingdon', (with S. Marwaha, K. Matthews and A. Sprague), Economic Modelling, Vol. 1, No.1, January l984, pp 24-62.
  • 'Testing for Unbiasedness and Efficiency Under Incomplete Current Information', (with D.A. Peel), Bulletin of Economic Research, May l984, Vol. 36, No.1, pp. 1-7.
  • 'Response to Nickell', Economic Journal, 94, December l984, pp. 954-59.
  • 'Reply to Henry, Payne and Trinder', Oxford Economic Papers, 37, 1985, pp. 339-43.
  • 'Comments on Buiter's Guide to Public Sector Deficits', Economic Policy, Vol. 6, No.3, Feb-March l986, pp. 32-34.
  • 'A New Classical Econometric Model of the World Economy', (with P.R. Agenor and E. Nowell), Economic Modelling, Vol.3, No.3, 1986, pp. 154-176.
  • 'Germany and the European Disease', (with J. Davis), Recherches Economiques de Louvain, Vol. 52, Nos 3-4, (Symposium on Unemployment in Europe, eds. Js. Muysken and C. de Neubourg), 1986, pp.373-398.
  • 'Rational Expectations and Monetary Policy', Scottish Journal of Political Economy, Vol. 33, No.4, Nov. l986, pp. 317-333, reprinted in Current Issues in Monetary Economics, (eds. T. Bandyopadhyay and S. Ghatak), Wheatsheaf, 1990.
  • 'When international coordination matters : an empirical analysis', with (M. Canzoneri), Applied Economics, vol. 20, pp. 1137-1154, l988.
  • 'Mrs. Thatcher's economic policies, l979 to l987', (with K. Matthews), Economic Policy, Oct, l987,5, pp. 57-101.
  • 'Interest Rates and Bond-financed Deficits in a Ricardian Two-Party Democracy', Weltwirtschaftliches Archiv, vol. 124, l988, pp. 387-402.
  • 'The effects of housing distortions on unemployment', (with P. Ashton and M. Peel), Oxford Economic Papers, Vol. 40, pp 322-345, 1988.
  • 'Modelling the role of government deficits in developing countries', (with A.A. Walters), in Economic Modelling, l989.
  • 'Comment' on 'Housing wages and UK Labour Markets' by O. Bover, J. Muellbauer and A. Murphy, in Oxford Bulletin of Economics and Statistics, 51 (2), 1989, pp. 150-153.
  • 'Target Zones and Exchange Rate Management: A Stability Analysis of the European Monetary System'(with Andrew Hughes Hallett), Open Economies Review, 1, 1990, pp 175-200.
  • Review article: 'Monetary Imperfection, regulation and discretion', of Charles Goodhart, Money Information and Uncertainty, MIT Press, in Journal of Monetary Economics, Vol. 26, 1990, pp.319-325.
  • 'Ulysses and the Sirens: A Political Model of Credibility in an Open Economy', in Private Behaviour and Government Policy in Interdependent Economies, (ed.) A.S. Courakis and M.P. Taylor, Oxford University Press, 1990, 337-355. Reprinted from Greek Economic Review, 11,1, 1989, pp. 1-18.
  • 'The Poverty Trap and the Laffer Curve - what can the GHS tell us ?' (with Paul Ashton), Oxford Economic Papers, 43, 1991, pp. 245-279.
  • 'The Path to Monetary Union in Europe' in The World Economy, Vol. 16, No. 1, January 1993, pp. 17-27.
  • 'The price of EMU revisited', in Greek Economic Review, (with Anupam Rastogi and Andrew Hughes Hallett), Vol. 15, No. 1, 1993, pp 191-226.
  • Review article: 'Has Labour Market Economics Achieved a Synthesis?' Richard Layard,Richard Jackman and Steven Nickell Unemployment and Europe's Unemployment Problem, Jacques Dreze and Charles Bean in The Economic Journal, Vol.103, July 1993, pp. 1050-1056.
  • 'The Political Economy of the Exchange Rate Mechanism', in Open Economies Review, 5, 1994, p.235-247. (Awarded Kluwer prize for best OER article of 1994.)
  • 'An Econometric Model of Merseyside: Validation and Policy Simulations', (with Peter Stoney, Jonathan Riley and Bruce Webb), Regional Studies Vol.28. No. 6, 1994, pp.563-575.
  • 'Deregulation and Unemployment - The UK Experience', Swedish Economic Policy Review, Vol.1 No. 1-2, 1994, Economic Council of Sweden, pp.113-142.
  • 'An Algorithm for the Solution of Non-Linear Forward Rational Expectations Models with Current Partial Information', Economic Modelling Vol. 11, No 3, July 1994, pp 351-358 (K Matthews, P Minford and S Blackman)
  • 'The Quarterly Liverpool Model with Current Partial Information: An Exercise in Forecasting', Journal of Forecasting, Vol. 13, 1994, pp 507-518, (K Matthews, P Minford and S Blackman)
  • 'Other people's money: cash-in-advance microfoundations for optimal currency areas', Journal of International Money and Finance, Vol. 14, No. 3, June 1995, pp. 427-440.
  • 'Time-Inconsistency, Democracy, and Optimal Contingent Rules', Oxford Economic Papers, 47, 1995, pp.195-210.
  • 'British inflation and unemployment in the 1970's a model-based decomposition' (with Kent Matthews), Applied Economics, 28, 1996, pp 103-115.
  • 'On comparing macroeconomic models using forecast encompassing tests', (with M.J. Andrews and J. Riley), Oxford Bulletin of Economics and Statistics, Vol. 58, No. 2, 1996, pp. 279-305.
  • 'Trade, Technology and Labour Markets in the World Economy, 1970-90: A Computable General Equilibrium Analysis', (with Jonathan Riley and Eric Nowell), Journal of Development Studies, Vol. 34, No. 2, December 1997, pp. 1-34.
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INVITED CONTRIBUTIONS TO BOOKS, MONOGRAPHS AND JOURNALS

  • 'A Model of Tax Incidence in Malawi', in Public Sector Economics, (ed. H.W. Ord), University of Edinburgh, l970.
  • 'A Model of UK Manufactured Exports and Export Prices', (with John Hutton), Government Economic Service Paper, No. 11, HMSO, l975.
  • 'A Quarterly Econometric Model of World Trade and Prices, l955-71', (with Michael Beenstock), Inflation in Open Economies (eds. J.M. Parkin and G. Zis), Manchester University Press, 1976, pp. 85-125.
  • 'The Behaviour of Export Prices of Manufactures - Comment', in The Effects of Exchange Rate Adjustments (eds. P. Clarke, D. Logue and R. Sweeney), US Department of Treasury, 1977, pp. 359-63
  • 'Import Controls and Devaluation as Medium-Term Policies', (with Roy Batchelor) in On How to Cope with Britain's Trade Position, (ed. H. Corbet), Thames Essay No. 8, Trade Policy Research Centre, 1977, pp. 44-72.
  • 'The Costs of Variable Inflation' (with G. Hilliard), in Contemporary Economic Analysis (eds. M. Artis and R. Nobay), Croom-Helm, l978, pp. 109-39.
  • 'Locomotives, Convoys or What ? - The International Adjustment Problem', in The Political Economy of Tolerable Survival (ed. M. Gaskin), Croom-Helm, 1981, pp. 47-53.
  • 'Comments on Michael Foot's Paper', in Monetary Targets, (eds. B. Griffiths and G. Wood), Macmillan, 1981, pp. 47-53.
  • 'Rational Expectations in a Multilateral Macro-model', (with C. Ioannidis and S. Marwaha), in Exchange Rates in Multicountry Econometric Models, (eds. P. de Grauwe and T. Peeters), Macmillan, 1983, pp. 239-66.
  • 'Incentives in the UK', Economic Incentives, eds. B. Balassa and H. Giersch, Macmillan (For International Economic Association), 1986,pp. 279-295.
  • 'The Costs and Benefits of Coal Pit Closures', Public Services Review, November 1984, reprinted in Debating Coal Closures: Economic Calculation in the Coal Dispute l984/85, (eds. D. Cooper and T. Hopper), Cambridge University Press, 1988.
  • 'The Effects of American Policies - A New Classical Interpretation', in International Economic Policy Coordination, (eds. Willem H. Buiter and Richard C. Marston), Cambridge University Press, 1985, pp. 84-137.
  • 'Rational expectations in a multilateral macro-model', with C. Ioannidis and S. Marwaha), in P. de Grauwe and T. Peeters (eds.) Macmillan,1983, reprinted in Essays in Honour of Karl Brunner - papers from the Konstanz Seminar, ed. Manfred Neumann, Springer, l986.
  • 'Political Interdependence: does strategic behaviour pay?' (with M.B. Canzoneri), in Issues of International Policy Interdependence, eds. D. Hodgman and G. Wood, Macmillan, 1989.
  • 'Comment on J. Frankel and R. Meese 'Are exchange rates excessively volatile ?,' NBER March l987, Macroeconomic Conference proceedings, ed. S. Fischer, MIT University Press, l987.
  • 'Introduction', pp. 1-16, and 'Curing unemployment through labour market competition', (with M. Beenstock), pp. 129-149, in Monetarism and Macroeconomics, (ed. P. Minford), IEA, l987.
  • 'Comment on 'The labour market'', in The Performance of the British Economy, (eds. R. Dornbusch and R. Layard), OUP, l987, pp. 280-282.
  • 'Comments on Gordon and on Holly and Smith', in Macro and Micro Policies for More Growth and Employment, (ed H. Giersch), J.C.B. Mohr, Tubingen, l987.
  • 'Comment on Tanzi', in Fiscal Policy, Economic Adjustment, and Financial Markets proceedings of IMF conference on Policy Coordination, Milan, January, l988, (ed. Mario Monti), IMF, l989, p46.
  • 'Exchange-rate regimes and policy coordination', Blueprints for Exchange Rate Management, (eds. Marcus Miller, Barry Eichengreen and Richard Portes), CEPR, 1989, pp.207-237.
  • 'Economic Growth in Industrialised Countries - problems and opportunities', International Social Science Journal, 120, May 1989 pp 149-164, Basil Blackwell.
  • 'A New Classical model of the labour market',in Modelling the Labour Market, (ed. M. Beenstock) Chapman and Hall, 1988, pp. 105-144.
  • 'Mrs. Thatcher's Economic Reform Programme', in Thatcherism, (ed. R. Skidelsky), Chatto and Windus, l988, pp.93-106.
  • 'The EMS - what is wrong with it ?', in The International Monetary System and Economic Development, (eds. C. Drager and L. Spath), Drager Foundation, l988.
  • 'Wages and unemployment half a century on', Keynes and Economic Policy (eds. W. Eltis and P. Sinclair), Macmillan, pp.45-65.
  • 'A labour-based theory of international trade', in Causes of Changes in the Structure of International Trade 1960-85, (eds. J. Black, and A.I. MacBean) , Macmillan Appeared as CEPR working paper, no. 237, 1989, pp 196-239.
  • 'Europe and the Supply Side', in A Supply Side Agenda for Germany, (eds. G. Fels and G. Von Furstenberg), Springer-Verlag, l989, pp.47-72.
  • 'A New Classical Policy Programme', (with A. Rastogi) in A. Britton (ed.) Policymaking with Macro Models, Gower, l989, pp.83-97.
  • 'Monetary policy in the UK under Mrs. Thatcher', Finanzmarket und Portfolio Management, No. 4, Special Issue of Monetary Policy, l988, pp. 41-46.
  • 'The Path to Financial Integration in Europe', The Completion of the Internal Market, (ed. Horst Siebert), J.C.B. Mohr, l990, pp. 306-347.
  • 'Exchange Rate Agreements as a Policy Regime: Their Performance and Design Characteristics' (with Andrew Hughes Hallett), in Dynamic Modelling and Control of National Economies, (selected papers from the 6th IFAC Symposium), Pergamon Press, l989 pp 223-230.
  • 'Ideology and Pragmatism in Economic Thatcherism', Ideas and Politics in Modern Britain, (ed. J.C.D. Clark), Mamillan, pp. 191-203, l990.
  • 'Comment on Warwick, McKibbin and Sachs', in Macroeconomic Policies in an Interdependent World, (eds. R. Bryant, D. Currie, J. Frenkel, P. Masson and R. Portes), The Brookings Institution, CEPR, IMF, l990, pp. 195-197
  • 'Rational Expectations and Monetary Policy', in Current Issues in Monetary Economics, (eds. T. Bandyopadhyay & S. Ghatak), Harvester Wheatsheaf, London, 1990, pp. 233-252.
  • 'Do Floating Exchange Rates Insulate ?', in Exchange Rates and Open Economy Macroeconomics, (eds R. MacDonald and M.P. Taylor), Blackwell, Oxford, 1990, pp. 275-294.
  • 'Effects in the UK of EC Wages Proposals in the Social Charter', Human Resources, (ed. Geraint Johnes), Oxford, Vol. 12, No.2 1991, pp.20-24.
  • 'The Poverty Trap after the Fowler Reforms' Improving Incentives for the Low Paid, (eds. Alex Bowen and Ken Mayhew), NEDO, London, p 121-139.
  • 'Inflation and Monetary Policy', Oxford Review of Economic Policy, Vol. 6, No. 4, 62-76. 1991
  • Comment on Thomas Mayer, in Macroeconomics and Macroeconomic Policy Issues (ed. T. Mayer and F. Spinelli), (Banca di Trento e Bolzano, Trento, 1991) pp. 261-265.
  • 'The Price of EMU', (with A Rastogi), in Britain and EMU, (eds. R. Dornbusch and R. Layard), Centre for Economic Performance, LSE, London 1990, 47-81.
  • 'Europe and the Supply side',in The Art of Full Employment, (ed. C. de Neubourg), Elsevier Science Publishers BV, 1991, pp 379-397.
  • 'Regional Policy and Market Forces: A Model and an Assessment', (with Peter Stoney) in Reducing Regional Inequalities, (eds. Alex Bowen and Ken Mayhew), NEDO Policy Issues Series, pp 109-185, 1991.
  • 'Comment' on John Gray's paper in The Moral Foundations of Market Institutions (ed. John Gray), IEA Health and Welfare Unit, pp 115-119, 1992.
  • 'Introduction' to Undermining Innovation: Parallel Trade in Prescription Medicines by M.L. Burstall and I.S.T. Senior, IEA Health and Welfare Unit, Choice in Welfare No. 13, pp 3-7. 1992
  • 'ERM and EMU - survival costs and prospects', (with Anupam Rastogi and Andrew Hughes Hallett) in Macroeconomic Policy Coordination in Europe, (eds. Ray Barrell and John Whitley), pp 35-60, NIESR/Sage, 1992.
  • 'ERM and EMU - survival costs and prospects', (with Anupam Rastogi and Andrew Hughes Hallett), in External Imbalances and Policy Constraints in the 1990s, (eds. Chris Milner and Nick Snowden), for the International Economics Study Group, Macmillan, pp. 30-68, 1992.
  • 'The United Kingdom', in Monetary Policy in Developed Economies - Handbook of Comparative Economic Policies volume 3, (eds. M. Fratianni and D. Salvatore), Greenwood, pp.405-432.
  • 'Expectations and the Economy', in A Critique of Keynesian Economics, (ed. Walter Allan), Macmillan, pp. 155-169.
  • 'Reconstruction and the U.K. Postwar Welfare State: False Start and New Beginning' in Postwar Economic Reconstruction and Lessons for the East Today, (eds. R. Dornbusch, W. Nolling and R. Layard), The MIT Press, chapter 5, pp.115-138, 1993.
  • 'The European Monetary system: Achievements and Survival', (with Andrew Hughes Hallett and Anupam Rastogi), in Evaluating Policy Regimes - New Research in Empirial Macroeconomics, (eds. Ralph C. Bryant, Peter Hooper and Catherine L. Mann), Brookings Institution, Washington DC, 1993, pp. 617-671.
  • 'The UK labour market: micro rigidities and macro obstructions', (with Jonathan Riley), in The UK Labour Market: Comparative aspects and institutional developments, (ed. Ray Barrell), Cambridge, 1994, pp.258-272.
  • 'Il mercato del lavoro nel Regno Unito: micro-rigidita e macro-ostruzioni', (with Jonathan Riley), Revista Di Politica Economica, SIPI, 1994, pp 359-380.
  • The Price of EMU, Manchester Statistical Society, 1994, pp. 18.
  • 'The UK Labour Market: Micro Rigidities and Macro Obstructions', (with Jonathan Riley), Revista Di Politica Economica, Dec. 1993, pp. 341-360.
  • Discussion of David Currie and John Whitley 'What Route to European monetary integration ?' in European Monetary Upheavals (ed. David Cobham), Money, Macro and Finance Research Group Conference Proceedings, MUP, pp.198-188.
  • 'What price European Monetary Union ?', in The Economics of the New Europe (ed. Nigel M. Healy), Routledge, pp. 124-139.
  • 'Wales from the Supply Side: A Classical Model', Welsh Economic Review, pp 65-71, 1995.
  • 'The lessons of European monetary and exchange rate experience', in Capital controls exchange rates and monetary policy in the world economy, (ed. Sebastian Edwards), pp.93-118.
  • 'Public spending: A twenty-year plan for reform' (with Paul Ashton), Centre for Policy Studies, London, pp. 27. 1995.
  • 'The Stability of Broad and Narrow Money in the Context of UK Monetary Policy', The Review of Policy Studies, Vol. 1, No. 5, Autumn 1995, pp. 35-57.
  • 'What can governments in Western Europe do to improve locational advantage?', Locational competition in the World Economy, (ed. Horst Siebert), J.C.B. Mohr (Paul Siebeck) Tubingen, 1995, pp. 235-256.
  • 'The New Classical Economics' and 'Introduction: the Causes of Unemployment', in Exploring Macroeconomics: An introduction to theory and policy through selected readings, (ed. R. Ayres), Greenwich University Press, 1996, pp 259-271 & 319-325.
  • 'Unemployment in the OECD and Its Remedies' Fighting Europe's Unemployment in the 1990s, (ed. Herbert Giersch), Springer 1996, pp 45-69.
  • 'The Conflict between British Economic Liberalism and Continental Statism', Britain's European Question: The Issues for Ireland, (ed. Paul Gillespie), Institute of European Affairs, 1996, pp.21-39.
  • 'Supply-side Economics', International Encyclopedia of Business and Management, Vol. 5, Thompson Business Press, London, 1996, pp. 4728-4740.
  • 'The Economic and Political Context', in Reform of University Funding, (ed. Stuart Sexton), IPSET Education Unit, 1997, pp.11-18.
  • Britain and Europe: The Balance Sheet, Centre for European Studies and European Business Review, MCB University Press, 1996, pp. 38.
  • 'The Price of Monetary Unification', in The Eurosceptical Reader, (ed. Martin Holmes), Macmillan Press Limited, 1996, pp. 149-167.
  • 'Unemployment in the OECD and its remedies', Unemployment Policy: government options for the labour market, CEPR/Cambridge, 1997, pp 501-543.
  • 'La nouvelle macroeconomiie classique', La Pennsee Economique Moderne, eds. B. Snowden, H. Vane, P. Wynarczyk, Ediscience International, Paris, pp. 209-249.
  • 'Globalisierung der Okonomie: Zerstorung oder kreativer Prozeb ?, Grenzen Los ? Jedes System braucht Grenzen - aber wie durchlassig mussen diese sein ?, Ernst Ulrich von Weizsacker (ed), Birkauser, pp. 40-50.
  • 'Rational Expectations, Partial current Information and Macroeconoic Forecasting', (with KGP Matthews, Jon Riley and Simon Blackman), presented to the International Symposium of Forecasting, Barbados, 1997.
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ECONOMIC COMMENTARY AND EXPOSITORY ARTICLES

  • 'Growing Without Inflation', Ditchley Journal, Spring l977.
  • 'North Sea Oil and the British Economy', The Banker, December l977.
  • Forecasts in The Guardian, 14.3.78 and 28.10.78.
  • Articles in The Guardian, 5.1.78, and The Times, 18.4.78, 26.5.78, and 9.9.78.
  • 'A Return to Sound Money ?', The Banker, July l979.
  • 'Macroeconomic Controls on Government', in The Taming of Government, (ed. A. Seldon), Institute of Economic Affairs, 1979, pp. 45-66.
  • 'The International Repercussions of Rising Oil Prices', OPEC Review, 1980.
  • Forecast articles (quarterly) in The Daily Telegraph from November l980 to February l985.
  • Periodic (usually fortnightly) City column, Daily Telegraph from autumn 1986.
  • Evidence given to Treasury and Civil Service Committee, Memorandum, in Memoranda on Monetary Policy, HMSO l980, Oral Evidence given in July l980 in Committee's Third Report, Vol. II (Minutes of Evidence, HMSO, pp. 8-40).
  • 'The Economic Outlook', (with K. Matthews), March l980, processed University of Liverpool.
  • 'The Economic Outlook', (with C. Ioannidis, K. Matthews and S. Marwaha), November l980, processed, University of Liverpool.
  • 'Government Borrowing Fans Inflation', Journal of Economic Affairs, 1:1, 1980, pp. 11-15.
  • 'Monetarism, Inflation and Economic Policy', in Is Monetarism Enough ? (ed. A. Seldon), Institute of Economic Affairs, 1980, pp. 1-31.
  • 'The Nature and Purpose of UK Macroeconomic Models', Three Banks Review, March 1980, pp. 3-26.
  • The Economic Outlook, (with other members of the Liverpool Research Group in Macroeconomics) March l981 and June 1981.
  • Outlook and policy articles in Quarterly Economic Bulletin (of Liverpool Research Group in Macroeconomics) since October l981.
  • 'Is the Government's Economic Strategy on Course ?', (with D.A. Peel), Lloyds Bank Review, April 1981, pp. 1-19.
  • 'Rejoinder', Journal of Economic Affairs, 2, 1982, pp. 244-5.
  • 'Trade Unions Destroy a Million Jobs', Journal of Economic Affairs, Vol. 2, January l983, pp. 73-9.
  • 'Compulsory Arbitration Procedures and Incomes Policy' (with D.A. Peel), Three Banks Review, March l983, pp. 3-16.
  • 'Agenda for Liberal Conservatism', Journal of Economic Affairs, Vol. 3, No.2, January l983, pp. 94-7.
  • 'Business Prospect', Management Today, December l983.
  • 'Business Prospect', Management Today, December l984.
  • 'State Expenditure: A Study in Waste', Economic Affairs, 4:3, April-June l984, Special Supplement, pp. i-xix.
  • 'High Unemployment is Not Permanent', Economic Affairs, Vol. 4, No. 4, July - September 1984, pp. 17-23.
  • 'What Sort of Policy for Unemployment ?', Economics, Vol. XX, Part 3, No. 87, Autumn l984, pp. 98-100.
  • 'The New Classical Economics', Economic Affairs, Vol.5, No.2, January-March l985, pp. 6-11.
  • 'Whither Monetarism', Centre for Policy Studies Symposium on the Chancellor's Mansion House Speech, December l985, (with E. Bruce-Gardyne and T. Congdon), CPS, l985.
  • Evidence on Selective Employment Measures to House of Commons Select Committee on Employment, Memoranda of Evidence, February l986, HMSO.
  • 'Housing Reform to Create Jobs' (with P. Ashton and M. Peel), Economic Affairs, Vol.6, No.3, Feb-March l986, pp. 32-34.
  • 'From Macro to Micro via Rational Expectations' in The Unfinished Agenda, - Essays on the political economy of government policy in honour of Arthur Seldon, (ed. Martin J. Anderson), Institute of Economic Affairs, 1986, pp.105-114.
  • 'Expectations and the Economy', in Keynes' General Theory: Fifty Years On, Hobart paperback 24, Institute of Economic Affairs, 1986, pp. 101-118.
  • 'The role of the social services, a view from the New Right', in The State or The Market - Politics and Welfare in Contemporary Britain, (ed. M. Loney), Sage, l987, pp.70-83.
  • 'A tax-based incomes policy ?' in Policies Towards Incomes and Unemployment, (ed. G. Brand), Employment Institute, l987, pp. 36-41.
  • 'Achieving public objectives with less money', in Restraining Leviathan - Small Government in Practice, (ed. M. Jones), Centre for Independent Studies, Sydney, l987, pp. 67-95.
  • Unemployment - Cause and Cure, with D. Davies, M. Peel, A. Sprague, chapter 1, first edition, reprinted in The Economic Revival of Modern Britain - the Debate between Left and Right, (eds. D. Coates and J. Hillard), Edward Elgar, l987.
  • 'La politique economique de Margaret Thatcher, l976-86', in Politique Etrangere, Institut Francais des relations internationales, 4, Hiver, l986.
  • 'An economy in a crisis ? An interview with Professor Patrick Minford', Revue Francaise de Civilisation Britannique, 4, no. 3, pp. 131-142, l987.
  • 'Outlook after the Budget', Fiscal Studies, Vol.9 May l988, pp. 30-38.
  • 'Is there a balance of payments crisis ?', Economic Review, 5, no.3, Jan. l988, pp.36-38.
  • 'Labour supply responses and the effects of tax rates', (with P. Ashton) in Liverpool Quarterly Economic Bulletin, 9, no.1, March l988, pp. 28-35.
  • 'Government Expenditure: the Implications for the Private Sector', in Public Expenditure and the Private Sector, (eds. M. Mulreany and L. St. John Devlin), l988, Insitute of Public Administration, Dublin, pp. 35-66.
  • 'How to Depoliticise Local Government', Economic Affairs, October/November l988, pp. 12-16.
  • 'A policy for the National Health Service, Part I', Economic Affairs, Vol. 9, No. 1, October/November, 1988, pp. 21-28.
  • 'A Monetarist's Agenda', IEA Inquiry, IEA, pp.15,l988
  • 'Overheating ? What Overheating ?, First Magazine, vol. 2, no. 2, l988, p.32.
  • 'A policy for the National Health Service, Part II', Economic Affairs, Vol. 9, No.2, December/January l989, pp. 23-26
  • European Monetary Union and 1992, The Selsdon Group,
  • October l989.
  • Merseyside Deserves a Better Future , Aims of Industry,
  • pp.15, May l990.
  • 'Corporatism, the Natural Rate and Productivity', in Trade Unions and the Economy: Into the l990s, Papers and proceedings of a Seminar, (ed. John Philpott), Employment Institute, l990, pp. 94-103.
  • 'The Delors Fiasco', The International Economy, April/May l990, pp. 60-64.
  • 'The Labour market: False start, strong follow through and now for the finish', The State of the Economy, IEA, l990, pp.103-116.
  • 'EMU: the Delors Plan or Competing Currencies ?', European Freedom Review, Vol. 2, No. 1 Winter l990, pp 13-21.
  • 'Britain and the European Union: the Broader Issues', Policy, Vol. 6, No. 1, Autumn l990, Centre for Independent Studies, Sydney, pp. 36-40.
  • 'How Fair is the Community Charge or Poll Tax ?', Economic Affairs, Vol. 10 No. 5, June/July l990, pp. 45-46, IEA.
  • 'The New Revolution', Financial Mail, July 20th l990, Times Media Publication, South Africa, pp. 22-24.
  • 'The British Economy: Back to the Future ?, British Society in the 1990s, (ed. Alistair B. Cooke), Conservative Political Centre, London, pp.34-40, l990.
  • Britain and European Monetary Union, The Coopers and Lybrand Deloitte Lecture 1991, Cardiff Business School, pp 18.
  • 'The Politics of Change', Capital Account, Issue 13, 1991, 18-22.
  • 'Merseyside Infrastructure - A Model and its application to transport infrastructure', (with Peter Stoney), Merseyside Economic and Business Prospect, 6,1, 1991, 48-56.
  • Labour's Economic Policies: how much will they cost the economy ? (with B. Greenwood and P. Ashton), Aims of Industry, London 1991, pp. 20.
  • 'Good Monetary policy is enough', Co-ordinating pay bargaining, Conference Report from the Industrial Relations Services, London, 1991, p. 17-25.
  • 'The Shackles of Monetary Union', Forward, Autumn 1991, pp 6-7.
  • 'The Risk of Continental Corporatism' QED, October 1991, p. 14.
  • 'Why we should leave the ERM', London Business School Economic Outlook, 1991-1995, Gower Publishing, Volume 16 No.5, pp 31-34, February 1992.
  • 'Comment' on contributions to a conference on Economic cooperation in globalizing financial markets (eds. Prof. C.J. Oort, Dr. C.J.M. Kool, Dr. A.P. van Veen), Nederlands Instituut voor het Banken Effectenbedrijf, no. 20, 1992, pp 49-59.
  • 'The Economy: in better shape than you think', Accountancy, March 1992, pp. 36-37.
  • 'Reflections post Maastricht', Economic Affairs, Volume 12, No. 2, February 1992, pp 48-49.
  • 'Time to Come of Age', Finance North, November 1992, p. 58.
  • 'How to avoid Policy Errors which would blight Medium and Long-Term Growth' in The State of the Economy 1993, IEA, (ed. Colin Robinson), pp. 49-59, 1993.
  • 'The Western European Economy', in Proceedings of Dataquest European Copier Conference 1993, pp. 2-5, 1993
  • 'Manufacturing cannot revive until the recession ends' in The House Magazine, No. 590, Vol. 18, p. 18, April 1993.
  • 'Comment - The Strong Case for Ditching Maastricht', in Securities and Investment Review, May 1993, No. 10, page 1.
  • 'Why Long-Term Pessimism is Wrong', in Parliamentary Brief, vol. 2, No. 1, July 1993, pp. 5-8.
  • 'What causes the prosperity of cities ?', in conference proceedings, Cities '98 - The conclusions, May 1993, pp. 14-16.
  • 'Comment - A Better Way for Exchange Rates', in Securities and Investment Review, September 1993, No. 13, page 1.
  • 'Keeping Britain Competitive', Parliamentary Brief, Vol. 2 No. 4, December 1993, pp 15-16.
  • Comment Securities and Investment Review, December 1993, p.1.
  • 'Western European Economy', in Conference Proceedings Dataquest Perspective, December 1993, pp. 3-5.
  • 'World Competition and the UK', in The Royal Magazine, Winter 1993/94, pp. 6-7.
  • 'Anglo-Saxon Recovery and Cheap Money', Securities and Investment Review, March 1994, No. 19, p.1.
  • 'The Minford View', Market Monitor, Spring 1994.1
  • 'Must wages fall ?', Quarterly Enterprise Digest, May 1994, p.3.
  • 'Comment' Securities and Investment Review, June 1994, No. 22, p1.
  • 'The Recovery Needs Tax Cuts', Parliamentary Brief,Vol. 2, No. 9, June/July 1994, pp.29-30.
  • 'Man of the Markets', Corporate Location, May-June 1994, pp. 20-22.
  • 'A 20p Tax Rate is well Within our Grasp', Forward, No. 9, Autumn 1994, pp.8-9.
  • 'Still a Deflationary World', Securities and Investment Review, October 1994, No. 25, p.1.
  • 'Why Mr. Brown still has some learning to do', Parliamentary Brief, Vol.3, No.2, November 1994, pp.30-32.
  • 'Introducing Professor Patrick Minford', MMC News, Autumn 1994, pp.6-8.
  • 'Affirmation' Threat to Free Enterprise, December 1994, pp. 8.
  • 'Emerging Markets, Unemployment and Inflation', Economic Affairs, Vol. 15, No.1, Winter 1994, pp.40-45.
  • 'Reforming Welfare', Freedom Today, Vol. 19, No. 6, December 1994 p.7.
  • 'Comment', Securities and Investment Review, No. 28 January 1995, p.2.
  • 'The right lane for the way forward', Management Today, March 1995, pp 34-37.
  • 'How good a Chancellor is Kenneth Clarke ?', Economic Review, Vol. 12, No.3, Feb. 1995.
  • 'The Economy can be let off the leash', Securities and Investment Review, April 1995, p.2.
  • 'Making Welfare Work But Not Costing It', Parliamentary Brief, Vol. 3, No. 8, June 1995, pp. 23-24.
  • 'The Social Chapter: Blair's sell-out to the left', Securities and Investment Review, No. 34 July/August 1995, p.2.
  • 'Monetary Union - A Dangerous Experiment', The Lantern, July 1995, Vol. 11, No.4; reprinted as British Housewives' League Publications, July 1996, pp. 11.
  • 'Doers and thinkers', Corporate Location, May, June 1995, p. 102.
  • 'Cut Taxes and Interest Rates', Securities and Investment Review, November 1995, No. 37, p.5.
  • 'Single currency = higher unemployment', The European Journal, Vol. 3, No. 2, November 1995, p11.
  • 'Life without the State in your pocket', Parliamentary Brief, January 1996 Vol. 4, No. 4 pp.18-20.
  • 'The EMU Stability Pact' The European Journal, January 1996, p.2.
  • 'The Surprising British Economy: Room for Expansion?', Economic Affairs, Spring 1996, Vol.16,No. 2, pp.12-17.
  • 'Budget strategy Could lose us the election', Forward, No. 13, 1996, pp 6-7.
  • 'The M4 Fallacy' Securities and Investment Review, April 1996, No. 42, p.2.
  • Written and Oral Evidence given to Select Committee on The European Communities, An EMU of 'Ins' and 'Outs', House of Lords 11th Report Vol. II Evidence, 1996, p.57-64.
  • 'Is Full Employment Attainable', Employment Policy Institute Economic Report, Vol.10, No. 7, June 1996, p2.
  • 'Deal of Understanding after the Beef War', The European Journal, Vol.3, No. 9, 1996, pp. 10.11.
  • 'Leave the Business Cycle Alone', Securities and Investment Review, July 1996, No. 45 p.2,
  • 'Notes on Monetary Union in Europe', Economic Affairs, Vol. 16, No. 3, 1996, p. 9-17.
  • 'A New deal with the EU', The European Journal, June 1996, p10.
  • 'Global Free Trade: The General Interest Case', New Political Economy, Vol.1, No.1, 1996, pp.97-101.
  • 'Global Free Trade', New Political Economy, Vol. 1, No.1, 1996, pp.97-101.
  • 'The Single Currency', Robson Rhodes - Review 1996, pp.14-17.
  • 'Federal Farewell', The Times Higher Education Supplement, No. 1251, October 1996, pp.18-19.
  • 'Inflation and the pound', in Market Monitor, Spring 1997, BWD Resnburg, p. IV.
  • 'Euro Games of Convergence', in The European Journal, February 1997, p. 15.
  • 'Why not a single currency', in Economic Review, Vol 14. No. 4, April 1997, pp. 4-7.
  • 'The 1996 Budget', Minutes of Evidence and Appendices together with the Minutes of Evidence, Treasury Committee, Session 1996-97, Third Report.
  • 'Emu for and against', Global Challenges - Europe's Reponse, The 46th Konigswinter Conference, 1996, St. Catherine's College, Cambridge, pp. 22-25.
  • 'Rolling back the State: a proposals for reforming public spending', (with Paul Ashton) Economics and Business Education, Autumn 1996, Vol. IV, Part 3, pp.103-105.
  • Regular articles and commentary in Liverpool Investment Letter (opening section), Merseyside Business Prospect, North Wales and Cheshire Business Prospect, Hilton Malcolm Economic Review, all published by Liverpool Research Group in Macroeconomics.
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REVIEWS

  • R.J. Herring and R.C. Marston,National Monetary Policies and International Financial Markets, North-Holland, in Manchester School, 1977, pp. 312-3.
  • S. Howson and D. Winch, The Economic Advisory Council 1930-39, Cambridge 1977, in Business History, 21:2, l979.
  • C.P. Kindleberger, Manias, Panics and Crashes, Macmillan, l978 in Economic Journal, 1979, p.947.
  • K. Cuthbertson, Macroeconomic Policy,Macmillan, l979, in The World Economy, June l980, p.146.
  • S. Brittan, How to End the Monetarist Controversy, Institute of Economic Affairs, l981, in The Banker, l981.
  • R. Barro, Money, Expectations and Business Cycles, Academic Press, in Economic Journal, March l982, pp.188-9.
  • A. Tylecote, The Causes of the Present Inflation, Macmillan, l981, in The Banker, l981.
  • R. Coghlan, Money, Credit and the Economy, Allen and Unwin, l981, in Journal of Money, Credit and Banking, l982, pp. 425-6.
  • B. Balassa, The Newly Industrialising Countries in the World Economy, in Journal of Development Studies, 19, 1983, pp. 253-4.
  • W. Godley and F. Cripps, Macroeconomics, Oxford University Press/Fontana, in The Daily Telegraph, 27 June l983.
  • P. de Grauwe, Macroeconomic Theory for the Open Economy, in Economic Journal, 94, June 1984, pp. 401-3.
  • J. Bhandari, Exchange Rate Determination and Adjustment, in Journal of Money, Credit and Banking, August l984, pp. 380-1.
  • S. Brittan, The Role and Limits of Government: Essays in Political Economy, in Economic Journal, 94, September l984, pp 651-2.
  • T.W. Wilson, Inflation, Unemployment and the Market, in The Times Literary Supplement, 12 July l985.
  • D. Vines, J. Maciejowski and J.E. Meade, Stagflation, Volume 2: Demand Management, in Journal of Economic Studies, 12(3), 1985; entitled 'Review article - Demand Management - an Obituary'.
  • F. Hahn, Equilibrium and Macroeconomics, in Economica, 1985.
  • Vito Tanzi (ed.), Taxation, Inflation and Interest Rates, International Monetary Fund, and Ignazio Visco, Expectations in Rising Inflation, North-Holland in Economic Affairs, April - May l986, Vol. 6, No.4, p.49.
  • Francesco Forte and Alan Peacock (eds.), Public Expenditure and Government Growth, Basil Blackwell, in The World Economy, Vol. 9, No.2, June l986, pp. 215-16.
  • Hyman P. Minsky, Stabilising an Unstable Economy, Yale University Press, l986, in The World Economy, Vol. 10,No.1, March l987, pp. 103-104.
  • Michael Darby, James R. Lothian et al. The International Transmission of Inflation, NBER, University of Chicago Press, l983; David Currie (ed.), Advances in Monetary Economics, Croom Helm, l985; A Ando, H. Eguchi, et al (eds.) Monetary Policy in our Times, MIT Press, l985; and V.E. Argy and J.W. Neville (eds.), Inflation and Unemployment, Allen and Unwin, l985, review in Economic Affairs, Vol. 7, No.2, l987, pp. 24-25, entitled 'Economists can Agree on Money and Inflation'.
  • O. Blanchard, R. Dornbusch and R. Layard (eds.), Restoring Europe's prosperity: Macroeconomic papers from the Centre for European Policy Studies, MIT Press, Cambridge, Mass., l986, in Economica, 215, August l987.
  • H. Pesaran, Rational Expectations, CUP, l988, in Economic Journal
  • C.R. Bean and P.R.G. Layard and S.J. Nickell, The Rise of Unemployment, Blackwell, l987, in Economica, vol. 55, pp. 417-432.
  • William H. Buiter, Macroeconomic Theory and Stabilization Policy, Manchester University Press, in The Manchester School, vol LVIII No. 3, l990 pp 302-304.
  • Robert M. Solow, The Labour Market as a Social Institution, Basil Blackwell, Oxford, 1990, xviii+116; and Christopher A. Pissarides, Equilibrium Unemployment Theory, Basil Blackwell, Oxford, 1990, xviii+173; and Ian M. MacDonald, Inflation and Unemployment: Macroeconomics with a Range of Equilibria, Basil Blackwell, 1990, pp. 145 in The Economic Journal, Vol. 101, No. 407, July 1991.
  • Kevin D. Hooper, The New Classical Macroeconomics and Christopher Huhne, Real World Economics, in Economic Affairs, Vol. 11, No. 4, 1991.
  • R. Dornbusch and M. Draghi, Public Debt Management: Thoery and History, in Economica, 1991, xix + 354pp.
  • Nigel Lawson, The View from No. 11: Memoirs of a Tory Radical, in Economic Affairs, Vol. 13 No. 3, April 1993, pp. 36-37.
  • Richard Layard, Richard Jackman and Steven Nickell Unemployment and Europe's Unemployment Problem, Jacques Dreze and Charles Bean in The Economic Journal, Vol. 103, July 1993, pp. 1050-1056.
  • A. Britton, Macroeconomic Policy in Britain 1974-87, in Economica, Vol. 61, No. 241, February 1994,
  • A.D. Smith, International Financial Markets: The Performance of Britain and its Rivals, in The World Economy, Vol. 17, No.1 Jan 1994, pp. 103-104.
  • Peter Newman, Murray Milgate and John Eatwell, The New Palgrave Dictionary of Money and Finance, 1992, in Journal of Economic Studies, Vol.21 No. 2, pp. 69-71.
  • Keith Cowling and Roger Sugden, Beyond Capitalism: Towards a New World Order, Pinter Publishers, London 1994, 195pp in Economica Vol. 62, No. 246.
  • Will Hutton, The State We're In in Management Today, March 1995, pp 34-36.
  • Samuel Brittan, Capitalism with a human face, in International Affairs, Vol. 71, No. 3, July 1995 pp.610-11.
  • David G. Blanchflower and Andrew Oswald, The Wage Curve, in Economic Affairs, Vol. 16, No. 1, Winter 1995, pp.44-45.
  • Roger E. Backhouse, Interpreting Macroeconomics: explorations in the History of Macroeconomic thought and Peter B. Kenen, Understanding Interdependence The Macroeconomic of The Open Economy in 'Warts, test rejections and all', The Times Higher Education Supplement, January 1996 No. 1212, p.23
  • Phillippe van Parijs, Real freedom for all: what (if anything) can justify capitalism ? in International Affairs, Vol. 72, No. 1, 1996, pp 176-176.
  • Toshiaki Tachibanaki, Labour Market and Economic Performance: Europe, Japan and the USA, in The Economic Journal, Vol. 106, No. 436, 1996, pp 724-725.
  • Sir Alec Cairncross, Economic Ideas and Government Policy, Contributions to Contemporary Economic History, in 'The Rigours of Sir Alec', The Times Higher Education Supplement, No. 1251 October 1996, p.28.
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