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Books > History > History of specific subjects > Economic history
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Problems of British Economic Policy, 1870-1945 (Hardcover, New Ed)
Loot Price: R6,724
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Problems of British Economic Policy, 1870-1945 (Hardcover, New Ed)
Series: Economic History
Expected to ship within 12 - 19 working days
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Most historical accounts of economic policy set out to describe the
way in which governments have attempted to solve their economic
problems and to achieve their economic objectives. Jim Tomlinson,
however, focuses on the problems themselves, arguing that the way
in which areas of economic policy become problems for policy makers
is always problematic itself, that it is never obvious and never
happens naturally.
This approach is quite distinct from the Marxist, the Keynesian or
the neo-classical accounts of economic policy, the schools of
thought which are described and criticized in the introduction.
Subsequent chapters use the issues of unemployment, the gold
standard and problems of trade and Empire to demonstrate that these
competing accounts all obscure the true complexities of the
process. Because they adhere to simple assumptions about the role
of economic theory or of vested interests previous histories have
been unable adequately to explain the dramatic change after the
First World War in attitudes to unemployment, for instance, or the
decision to return to gold in 1925. Jim Tomlinson surveys the
institutional circumstances, the conflicting political pressures
and the theories offered at the time in an attempt to discover the
conditions which characterized the questions as economic problems
and contributed to the choice of solutions.
The result is a sophisticated and intellectually compelling account
of matters which have remained at the forefront of political debate
since its first publication in 1981.
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