Depression and Protectionism considers the case of the oldest advocate of free trade and its greatest exponent, Britain, and examines the developments that led to the reversal of that policy in the 1930s. It also discusses the consequences of the protectionst policy for the domestic economy.

Policy Makes on Policy represents 25 years of monetary policy. This topical collection brings together major politicians and thinkers, and will be of great interest to anyone concerned with contemporary policy-making, economics or politics.

The Great Depression had a devastating effect on much of the world's developed economies. (For example, at its nadir, around one-quarter of the US workforce was unemployed. And, in Britain, exports virtually halved by 1933 as international trade collapsed.) The political and cultural consequences of the Great Depression were equally far-reaching. The ongoing search fully to comprehend the worldwide economic collapse in the 1930s remains a dizzying intellectual challenge (the Holy Grail of macroeconomics' according to Ben Bernanke). Moreover, the current global economic and financial tumult...

'Depression and Protectionism' considers the case of the oldest advocate of free trade and its greatest exponent, Britain, and examines the developments that led to the reversal of that policy in the 1930s. It also discusses the consequences of the protectionst policy for the domestic economy.

This history of the Bank of England takes its story from the 1950s to the end of the 1970s. This period probably saw the peak of the Bank s influence and prestige, as it dominated the financial landscape. One of the Bank s central functions was to manage the exchange rate. It was also responsible for administering all the controls that made up monetary policy. In the first part of the period, the Bank did all this with a remarkable degree of freedom. But economic policy was a failure, and sluggish output, banking instability, and rampant inflation characterized the 1970s. The pegged exchange...

This history of the Bank of England takes its story from the 1950s to the end of the 1970s. This period probably saw the peak of the Bank s influence and prestige, as it dominated the financial landscape. One of the Bank s central functions was to manage the exchange rate. It was also responsible for administering all the controls that made up monetary policy. In the first part of the period, the Bank did all this with a remarkable degree of freedom. But economic policy was a failure, and sluggish output, banking instability, and rampant inflation characterized the 1970s. The pegged exchange...