British Relative Economic Decline Revisited
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Author | : Lawrence Black |
Publisher | : Routledge |
Total Pages | : 282 |
Release | : 2017-07-28 |
Genre | : History |
ISBN | : 1351959174 |
During an election speech in 1957 the Prime Minister, Harold Macmillan, famously remarked that 'most of our people have never had it so good'. Although taken out of context, this phrase soon came to epitomize the sense of increased affluence and social progress that was prevalent in Britain during the 1950s and 1960s. Yet, despite the recognition that Britain had moved away from an era of rationing and scarcity, to a new age of choice and plenty, there was simultaneously a parallel feeling that the nation was in decline and being economically outstripped by its international competitors. Whilst the study of Britain's postwar history is a well-trodden path, and the paradox of absolute growth versus relative decline much debated, it is here approached in a fresh and rewarding way. Rather than highlighting economic and industrial 'decline', this volume emphasizes the tremendous impact of rising affluence and consumerism on British society. It explores various expressions of affluence: new consumer goods; shifting social and cultural values; changes in popular expectations of policy; shifting popular political behaviour; changing attitudes of politicians towards the electorate; and the representation of affluence in popular culture and advertising. By focusing on the widespread cultural consequences of increasing levels of consumerism, emphasizing growth over decline and recognizing the rising standards of living enjoyed by most Britons, a new and intriguing window is opened on the complexities of this 'golden age'. Contrasting growing consumer expectations and demands against the anxieties of politicians and economists, this book offers all students of the period a new perspective from which to view post-imperial Britain and to question many conventional historical assumptions.
Author | : Roderick Floud |
Publisher | : Cambridge University Press |
Total Pages | : 607 |
Release | : 2014-10-09 |
Genre | : Business & Economics |
ISBN | : 1316061167 |
A new edition of the leading textbook on the economic history of Britain since industrialization. Combining the expertise of more than thirty leading historians and economists, Volume 2 tracks the development of the British economy from late nineteenth-century global dominance to its early twenty-first century position as a mid-sized player in an integrated European economy. Each chapter provides a clear guide to the major controversies in the field and students are shown how to connect historical evidence with economic theory and how to apply quantitative methods. The chapters re-examine issues of Britain's relative economic growth and decline over the 'long' twentieth century, setting the British experience within an international context, and benchmark its performance against that of its European and global competitors. Suggestions for further reading are also provided in each chapter, to help students engage thoroughly with the topics being discussed.
Author | : Roderick Floud |
Publisher | : Cambridge University Press |
Total Pages | : 607 |
Release | : 2014-10-09 |
Genre | : Business & Economics |
ISBN | : 1107038464 |
A new edition of the leading textbook on the economic history of Britain since industrialization. Combining the expertise of more than thirty leading historians and economists, Volume 2 tracks the development of the British economy from late nineteenth-century global dominance to its early twenty-first century position as a mid-sized player in an integrated European economy. Each chapter provides a clear guide to the major controversies in the field and students are shown how to connect historical evidence with economic theory and how to apply quantitative methods. The chapters re-examine issues of Britain's relative economic growth and decline over the 'long' twentieth century, setting the British experience within an international context, and benchmark its performance against that of its European and global competitors. Suggestions for further reading are also provided in each chapter, to help students engage thoroughly with the topics being discussed.
Author | : Andrew Gamble |
Publisher | : Red Globe Press |
Total Pages | : 0 |
Release | : 1994-09-29 |
Genre | : Political Science |
ISBN | : 0333614410 |
This is an account of Britain's rise and fall, and an introduction to the main explanations of decline and political strategies for reversing it. The book has been updated and has a new concluding chapter which assesses the state of debate and the British economy after the Thatcher decade.
Author | : Roderick Floud |
Publisher | : Cambridge University Press |
Total Pages | : 515 |
Release | : 2014-10-09 |
Genre | : Business & Economics |
ISBN | : 1316061159 |
A new edition of the leading textbook on the economic history of Britain since industrialization. Combining the expertise of more than thirty leading historians and economists, Volume 1 tracks Britain's economic history in the period ranging from 1700 to 1870 from industrialisation to global trade and empire. Each chapter provides a clear guide to the major controversies in the field and students are shown how to connect historical evidence with economic theory and apply quantitative methods. New approaches are proposed to classic issues such as the causes and consequences of industrialisation, the role of institutions and the state, and the transition from an organic to an inorganic economy, as well as introducing new issues such as globalisation, convergence and divergence, the role of science, technology and invention, and the growth of consumerism. Throughout the volume, British experience is set within an international context and its performance benchmarked against its global competitors.
Author | : Kwasi Kwarteng |
Publisher | : Springer |
Total Pages | : 152 |
Release | : 2016-11-09 |
Genre | : Political Science |
ISBN | : 1137032243 |
Britain is at a cross-roads; from the economy, to the education system, to social mobility, Britain must learn the rules of the 21st century, or face a slide into mediocrity. Brittania Unchained travels around the world, exploring the nations that are triumphing in this new age, seeking lessons Britain must implement to carve out a bright future.
Author | : Nicholas Crafts |
Publisher | : Cambridge University Press |
Total Pages | : 163 |
Release | : 2018-08-09 |
Genre | : Business & Economics |
ISBN | : 1108341500 |
To what extent has the British economy declined compared to its competitors and what are the underlying reasons for this decline? Nicholas Crafts, one of the world's foremost economic historians, tackles these questions in a major new account of Britain's long-run economic performance. He argues that history matters in interpreting current economic performance, because the present is always conditioned by what went before. Bringing together ideas from economic growth theory and varieties of capitalism to endogenous growth and cliometrics, he reveals the microeconomic foundations of Britain's economic performance in terms of the impact of institutional arrangements and policy choices on productivity performance. The book traces Britain's path from the first Industrial Revolution and global economic primacy through to its subsequent long-term decline, the strengths and weaknesses of the Thatcherite response, and the improvement in relative economic performance that was sustained to the eve of the financial crisis.
Author | : J. Green |
Publisher | : Springer |
Total Pages | : 438 |
Release | : 2015-02-10 |
Genre | : Political Science |
ISBN | : 1137441526 |
Britain remains mired in the most severe and prolonged economic crisis that it has faced since the 1930s. What would it take to find a new, more stable and more sustainable growth model for Britain in the years ahead? This important volume written by a number of influential commentators seeks to provide some answers.
Author | : W. Allen |
Publisher | : Springer |
Total Pages | : 270 |
Release | : 2014-08-03 |
Genre | : Business & Economics |
ISBN | : 1137383828 |
British monetary policy was reactivated in 1951 when short-term interest rates were increased for the first time in two decades. The book explores the politics of formulating monetary policy in the 1950s and the techniques of implementing it, and discusses the parallels between the present monetary situation and that of 1951.
Author | : Ranald Michie |
Publisher | : World Scientific |
Total Pages | : 376 |
Release | : 2023-03-21 |
Genre | : Business & Economics |
ISBN | : 9811270740 |
This book addresses the divide that exists between the reality of finance and the image it projects. A functioning financial system is an essential feature of a modern economy, providing it with money, credit, capital, and investments. Conversely, those who provide this essential service are neither respected nor trusted. The causes and consequences of this divide is explored using the British experience from 1800 to the present, drawing upon a mixture of factual evidence and contemporary fiction. Nothing of this scale has been attempted before and this is the product of 50 years of research.