An up to date short study which examines the key debates on British economic performance since 1914. Rex Pope considers the indicators and measures involved in assessing economic performance and then looks at issues affecting the economy such as the role of government, British entrepreneurship, the state of world markets, the effect of the two world wars and the importance of cultural attitudes towards industry.
This is a very nice introduction to the subject of British economic decline. It avoids much of the contentious debate that has developed on the issue, for example the questions of whether and how much the British economy declined, what caused decline, and to what extent this decline affected some sectors (e.g. industry) while leaving others untouched (e.g. finance). Students of British history and economic history will benefit from the brief and accessible account of the broad facts and economic statistics provided in the book's narrative from 1914 to the present.