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Economics and Economic Policy in Britain
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About This Book
The first part of the book is devoted to an historical survey of what has been written regarding Britain's policy problems since 1946: problems such as full employment, the sources and methods of controlling inflation and the measures to promote economic growth. At an international level, issues such as economic relations with Europe and the question of devaluation are considered. The subsequent part of the book considers how far economists' recommendations regarding policies have been derived from well-tested theories, or how far they have been based on speculation, guesswork or judgement.
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1. 1946-1951
DIARY OF EVENTS
(1) Full Employment in Britain
(2) Britain in the World Economy
(3) Planning and the Price Mechanism
(4) From Devaluation to Korea
(5) The Labour Record
DIARY OF EVENTS
(Dates in some cases approximate)
| 1945 | May 8 | VE Day |
| July 5 | General Election: Lab. 393; Cons. 203 | |
| July 27 | New Government: Dr Dalton Chancellor | |
| August 14 | VJ Day | |
| August 24 | End of Lend-Lease announced | |
| December 6 | US Loan Agreement signed: ÂŁ1,000m. loan | |
| 1946 | March 1 | Bank of England nationalized |
| April 21 | Death of Lord Keynes | |
| July 13 | US Loan Agreement ratified by Congress | |
| July 21 | Bread rationing | |
| September 19 | Winston Churchill, at Zurich, calls for âUnited States of Europeâ | |
| 1947 | January 1 | Coal industry nationalized |
| June 5 | General Marshallâs proposals for European Recovery Programme | |
| July 15 | Sterling made convertible | |
| August 15 | Independence of India | |
| August 20 | Convertibility of sterling ended | |
| November 13 | Autumn Budget | |
| Dr Dalton resigns. Sir Stafford Cripps Chancellor | ||
| 1948 | January 1 | Railways nationalized |
| February 4 | Statement on Personal Incomes, Costs and Prices: Wage Pause | |
| March 13 | American loan exhausted | |
| April 16 | OEEC established | |
| July 5 | National Health Service started | |
| November 4 | Mr Harold Wilsonâs âbonfire of controlsâ | |
| 1949 | March 13 | âBeneluxâ agreement |
| March 26 | Franco-Italian customs agreement | |
| May 5 | Council of Europe established | |
| ... |
Table of contents
- Cover Page
- Half Title page
- Series page
- Title Page
- Copyright Page
- Title Page
- Copyright Page
- Dedication Page
- Acknowledgments
- Preface to the Gregg Revivals Edition
- Foreword
- Contents
- 1946-1951
- 1946-1951
- 1951-1955
- 1951-1955
- 1955-1960
- 1955-1960
- 1960-1966
- 1960-1966
- Conclusion
- Appendix629
- Index of Names
- Index of Subjects