Scholarly Comments on Academic Economics

A List of the 364 Economists Who Objected to Thatcher’s Macro Policy


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In the previous issue of this journal, Geoffrey Wood wrote of the important 1981 event when 364 economists signed a petition against Thatcher’s macroeconomic policy. Here I offer an appendix listing the signatories. The list includes not only the most eminent economists at the time, but also many people who play a major role in public life today—including the Governor of the Bank of England and one other member of the Bank of England’s Monetary Policy Committee (MPC). Indeed, perhaps surprisingly, the signatories include a number of economists who are now Institute of Economic Affairs authors or members of the IEA Academic Advisory Council.