The debate over 'Britain in Decline' is one that still rages in the academic, political and public spheres. In this concise study, B. W. E. Alford takes issue with those economists who have a mechanistic approach to the subject. Instead, he examines Britain's economic development since the Second World War within a wider framework of political, social and cultural factors. He discusses topics such as post-war reconstruction, the theory of 'too few producers', the alleged process of de-industrialisation, the role of sterling, business organisation and management, labour relations and the impact of government policy on Britain's economic development. Professor Alford provides a clear introduction to the subject along with a survey of recent literature, yet shows how complex and deep-rooted are the causes of the 'British Disease'.

In order to reach a balanced assessment of the evidence, historians must engage with all of the debate. The British Economy since 1945 introduces the reader to economic and quantitative analysis, tools vital for a deeper understanding of the subject. In this new, introductory and up-to-date text on British economic policy and performance from 1945 to the present day, Roger Middleton makes a balanced assessment of the questions that dominate both the historical and the contemporary political debate. He dispels many of the myths and misunderstandings about Britain's 'decline' and exposes the weaknesses in the arguments of those who seek scapegoats for the causes of economic underperformance.

This work represents a documentary sourcebook on British economic development during the postwar years. The author provides a balanced overview of contentious themes relating to the context, dimensions, pace and consequences of Britain's relative economic decline since 1945.

This history of Britain since 1945 confronts two themes that have dominated British consciousness during the post-war era: the myth of decline and the pervasiveness of American influence. The political narrative is about the struggle to maintain a power that was illusory and, from 1960 on, to reverse an economic decline that was nearly as illusory. The British economy had its problems, which are fully analyzed; however, they were counterbalanced by an unparalleled prosperity. At the same time, there was a social and cultural revolution which resulted in a more exciting, dynamic society. While there was much American influence, there was no Americanization. American influences were incorporated with many others into a new and less stodgy British culture. Contrary to conventional wisdom, this groundbreaking book finds that the story of Britain since the war is marked not by decline but by progress on almost all fronts.

A new edition of the leading textbook on the economic history of Britain since industrialization. Combining the expertise of more than thirty leading historians and economists, Volume 2 tracks the development of the British economy from late nineteenth-century global dominance to its early twenty-first century position as a mid-sized player in an integrated European economy. Each chapter provides a clear guide to the major controversies in the field and students are shown how to connect historical evidence with economic theory and how to apply quantitative methods. The chapters re-examine issues of Britain's relative economic growth and decline over the 'long' twentieth century, setting the British experience within an international context, and benchmark its performance against that of its European and global competitors. Suggestions for further reading are also provided in each chapter, to help students engage thoroughly with the topics being discussed.