Economics and Economic Policy in Britain

T.W. Hutchison

• Publisher: Routledge
• Year: 2013
• Topic: Business
• eBook ISBN:
  9781134562824
• Subtopic: Business General
• Index: Business

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.

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: £1,000m. 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 ‘United States of Europe’
1947	January 1	Coal industry nationalized
	June 5	General Marshall’s 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 Wilson’s ‘bonfire of controls’
1949	March 13	‘Benelux’ 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