To what extent has the British economy declined compared to its competitors and what are the underlying reasons for this decline? Nicholas Crafts, one of the world's foremost economic historians, tackles these questions in a major new account of Britain's long-run economic performance.
Focusing on the interplay between historical and contemporary economic crises, this collection features insights from renowned economic historians. It examines the enduring interest in the Great Depression of the 1930s and draws parallels to the Great Recession that began in 2007, highlighting ongoing threats to economic stability. The contributions provide a rich analysis of the lessons learned from these pivotal periods in economic history.
Economic historian Professor Nick Crafts gives a wide-ranging assessment of the economic record of the recent Conservative Government.