First published in 1985, Prospects for Recovery in the British Economy examines the origins of the economic downturn of the early 1980s. The book explores the causes of the decrease in industrial production and employment during the early 1980s and considers the longer-term cyclical problems of the British economy. In doing so, it provides a detailed study on downturn and recovery from a variety of perspectives. Topics covered include the role of the financial markets; the decline in profitability and productivity in the manufacturing industry; and, the social implications of long-term trends. Prospects for Recovery in the British Economy is ideal for those with an interest in the history of the British economy and the history of economic thought.

The main contention of this book, first published in 1978, is that international trade policy must fit the economic structure of the trading countries. The first two chapters, which compare the nineteenth and twentieth century movements towards freer trade, and show the nature of the export structure and pricing, provide the two main themes of the book: policy and the sort of industries on which the policies work.

The main contention of this book, first published in 1978, is that international trade policy must fit the economic structure of the trading countries. The first two chapters, which compare the nineteenth and twentieth century movements towards freer trade, and show the nature of the export structure and pricing, provide the two main themes of the book: policy and the sort of industries on which the policies work.

Why is sterling under pressure? Why was the devaluation in 1967 followed by stagnation of British economy? What do the 1971 monetary reforms mean for sterling in the 1970s? First published in 1973, The Functions of Sterling discusses these vital questions and challenges the received wisdom of those who tells us it is beneficial that our money should be worth less. It also examines critically the internal and external performance of sterling throughout the twentieth century. The book argues that the credit control policy offers a real possibility of improved economic growth and encourage the revaluation of sterling. To a large extent the book is in line with Sir Ralph Hawtrey's reasoning and also integrates monetary economics with "real" problems of comparative costs, innovations, and growth. This book is an essential read for scholars of British economy, public policy, political economy, and economics in general.

First published in 1985, Prospects for Recovery in the British Economy examines the origins of the economic downturn of the early 1980s. The book explores the causes of the decrease in industrial production and employment during the early 1980s and considers the longer-term cyclical problems of the British economy. In doing so, it provides a detailed study on downturn and recovery from a variety of perspectives. Topics covered include the role of the financial markets; the decline in profitability and productivity in the manufacturing industry; and, the social implications of long-term trends. Prospects for Recovery in the British Economy is ideal for those with an interest in the history of the British economy and the history of economic thought.