Ideas and Economic Crises in Britain from Attlee to Blair (1945-2005) (Routledge Explorations in Economic History)

Ideas and Economic Crises in Britain from Attlee to Blair (1945-2005) (Routledge Explorations in Economic History) by -

Title: Ideas and Economic Crises in Britain from Attlee to Blair (1945-2005) (Routledge Explorations in Economic History)
Author: -
ISBN10: 0415579449
ISBN13: 978-0415579445
Publisher: Routledge (October 12, 2010)
Language: English
Subcategory: Humanities
Size PDF: 1817 kb
Size Fb2: 1526 kb
Rating: 4.8/5
Votes: 382
Pages: 272 pages
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Ideas and Economic Crises in Britain from Attlee to Blair (1945-2005) (Routledge Explorations in Economic History) by -


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During the period from 1945 to 2005, Britain underwent two deep-seated institutional transformations when political elites successfully challenged the prevailing wisdom on how to govern the economy. Attlee and Thatcher were able to effectively implement most of their political platforms. During this period there were also two opportunities to challenge existing institutional arrangements. Heath's 'U-turn' in 1972 signalled his failure to implement the radical agenda promised upon election in 1970, whilstTony Blair’s New Laboursimilarlyfailed toinstigatea major break with the 'Thatcherite' settlement.

Rather than simply retell the story of British economic policymaking since World War II, this book offers a theoretically informed version of events, which draws upon the literatures on institutional path dependence, economic constructivism and political economy to explain this puzzle. It will be of great interest to bothresearchers and postgraduates with an interest in British economic history and the fields of political economy and economic crisis more widely.