Routledge Dictionary of Economics, 3rd Edition

R

Rachmanism (R2)

Exploitative behaviour of landlords especially to remove secure tenants. Named after Peter Rachman, a landlord in Notting Hill, London, who used ruthless tactics until tenants were protected by the Rent Act 1965.

racial discrimination (J7)

Treating persons of another race unequally, especially with regard to wages and employment opportunities.

See also: discrimination

Radcliffe Report (E5, G2)

A Royal Commission report, published in 1959, on the working of the UK monetary system. It promulgated the view that money is only one ASSET in the spectrum of LIQUIDITY and that, as its VELOCITY OF CIRCULATION is unstable, the control of it is incidental to interest rate policy. Although opposed to the control of the money supply, ...