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Part of Oral Answers to Questions — Prime Minister – in the House of Commons at 12:00 am on 10th December 1981.

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Photo of Mr Ian Lloyd Mr Ian Lloyd , Havant and Waterloo 12:00 am, 10th December 1981

As the right hon. Member for Greenock and Port Glasgow (Dr. Mabon) has presented us with the opportunity, will the Prime Minister demolish once and for all the bogus argument that British economics does not support the view that a stable currency is a sound policy? If it is intellectually bogus, so were Adam Smith, Maynard Keynes and Alfred Marshall.