Category Archives: economic history

More quantitative easing is not the answer to stagnation

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The Benefits of a Plan B: Lessons from the Interwar Period

A reoccurring refrain in British political discourse is that there are few if any options in the conduct of economic policy.  In the 1980s, Mrs Thatcher proclaimed that ‘there is no alternative’; more recently, the Chancellor of the Exchequer, George … Continue reading

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Does Manufacturing Matter?

Prior to the financial crisis and the era of austerity, the manufacturing sector in the UK was benignly neglected by politicians of all persuasions.   But a political consensus has now emerged around the need to rebalance the economy, with a … Continue reading

Posted in economic history, manufacturing, Uncategorized | Leave a comment