Economics and Economic Policy in Britain, 1946-1966

By Terence Wilmot Hutchison

Economics and Economic Policy in Britain, 1946-1966
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In this text, the pronouncements of economists (nearly all academic) are set out regarding the main policy issues which faced the British economy in the 20 years after World War II. The work has, however, a strongly critical and methodological underlying purpose, in that it seeks to demonstrate the actual manner and method in which (at a time of great academic confidence in the subject) economic theories and analysis got applied to policies and the large and inevitable role played by judgement and hunch.

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