Help with this British consensus particular points

Apr 2016
518
Sūþfolc
'Keynesian Economics' - the idea that the way to get out of debt was to simulate the economy with funding. This was changed under Thatcher, but started under Callaghan, to 'Monetarism', the idea that public services must be cut in order to reduce inflation, as the amount of money in an economy resulted in inflation seen in the 70's