Description
Book SynopsisThis comprehensive new study gives a full account of the formulation of British economic policy in the twentieth century, drawing on the most recent research based on documents made available under the thirty-year rule to give detailed insight into policy-making in the 1950s and bringing the narrative right up to the end of the 1980s.The book offers both a lucid narrative description of the evolution of policy from the turn of the century through the First World War, recovery, the Depression, the Second War and its aftermath, the `Keynesian Revolution'', and the shifts and about-turns of more recent decades, and a coherent analysis of these processes. Covering both macro and micro issues, the text is structured in such a way as to give due weight to all the various influences at work: institutional aspects, such as the changing role of policy-making ministries, as well as political debate and economic theory.
Trade ReviewTomlinson has an excellent ability to summarize complex issues briefly and clearly for which teachers and students will be grateful to him". Twentieth Century British History
Supported by a fine array of academic references, Tomlinson achieves a creditable measure of success. His statistical tables in particular are excellent, and calculated to enlighten the reader and not blind him with science. * Financial Times *
This is a useful book that cuts a swathe through the voluminous literature on economic policy in the twentieth century, and it will surely be welcomed with open arms by undergraduates, economic historians and economists. * Economica *
