Butler followed to a large extent the economic policies of his Labour predecessor, Hugh Gaitskell, pursuing a mixed economy and Keynesian economics as part of the post-war political consensus. The name "Butskellism", referring to the generally similar economic policies pursued by both Conservative and Labour governments, was coined partly in response to Butler's extension of Gaitskell's NHS charges in 1952, the issue over which Aneurin Bevan and other Labour left wingers had resigned in April 1951. In 1954, "The Economist" published an editorial headed "Mr Butskell's Dilemma", which referred to the "already... well-known figure" Mr Butskell as "a composite of the present Chancellor and the previous one". However, Butler had more interest in monetary policy and in convertibility whereas Gaitskell was more inclined to exchange controls, investment and planning.