Norman Lamont Norman Lamont Norman Stewart Hughson Lamont, Baron Lamont of Lerwick, PC (born 8 May 1942) is a British politician and former Conservative MP for Kingston-upon-Thames. He is best known for his period serving as Chancellor of the Exchequer, from 1990 until 1993. He was created a life peer in 1998. Lamont is a supporter of the Eurosceptic organisation Leave Means Leave. Lamont was born in Lerwick, in the Shetland Islands, where his father was the islands' surgeon. He was educated at Loretto School, Musselburgh, Scotland, and read Economics at Fitzwilliam College, Cambridge, where he was Chairman of the Cambridge University
How to Pay for the War: A Radical Plan for the Chancellor of the Exchequer that would, in part, be legislated in the Budget of Sir Kingsley Wood, Chancellor of the Exchequer. The deferred pay became a system of post-war credits which were progressively repaid after the war, albeit at reduced value. Keynes devotes much attention to price controls, proposing a number of measures to control (but not planning to eliminate) inflation, measures including deferred pay and forced savings. Most of the book, Chapters IV to X, is dedicated to the problems of resource allocation and price control. The book is an exercise in Keynesian macroeconomics, a prime example of Keynesian analysis and technique, by