Professor Youngson's book is an ubiased review of Britain's past
experience and present difficulties. Few sacred cows are spared.
There is no pretence that fundamental problems were resolved at the
time of its first publication in 1967.
Many econmic historians fail in their assessment of Britian's
economic prospects as there is a tendency to look only at recent
events to explain current problems. Youngson saw that this was
short sighted. An economy, like an airliner, cannot suddenly change
its course; it is subject to persistent forces and tendencies; it
is powerfully affected by what has happened in the recent and
sometimes in the not so recent past. Therefore to understand the
problems of today we must know somthing of how persistent they are,
and about what solutions have already been tried.
This book provides a thorough examination of Britain's economic
growth from 1920-1966 and contextualises Britain's situation within
its true historical perspective.
This book was first published in 1967.
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