Economy: Alan Walters diary [CPRS paper leaked to The Economist][released 2012]

Document type:	Declassified documents
Source:	Walters MSS (Churchill Archives Centre): WTRS3/1/2
Editorial comments:	Read other entries from this diary. View all Walters documents. The original diary can be studied here
Importance ranking:	Major
Word count:	108
Themes:	Monetary policy

Friday 17th September 1982

CPRS paper on Public Exp leaked into the Economist - silly business - what happens if you abandon Health Service etc.

Frank Gibbs from Taylor Woodrow came to explain the problems and possibility of privately operated sewer system. No problem about measurement - Treasury cheaper if Gvt borrows

Phoned Paddie [Paddie Walters] at 3213 Volta Peace. Esra still away

Lunch at home

IEA Budd + Rose on Unemployment Policy

RH [probably Ralph Harris] very concerned at businessmen’s reports that demand was not there - would it be generated spontaneously.

Unemployment - Wages Councils etc

But construction of Thresholds, etc and Cap is best approach