A new edition of the leading textbook on the economic history of Britain since industrialisation. Leading historians and economists examine the foundational importance of economic life in modern Britain as well as the close interconnections between economic, social, political and cultural change. Each chapter provides a clear guide to the major controversies in the field and students are shown how to connect historical evidence with economic theory and how to apply quantitative methods. Volume 2, on 1870 to the present, tracks the development of the British economy from late nineteenth-century global dominance to its early twenty-first-century position as a mid-sized player in an integrated European economy. The chapters re-examine issues of Britain's relative economic growth and decline over the 'long' twentieth century, setting the British experience within an international context, and benchmark its performance against that of its European and global competitors.
It is unlikely those with enough interest in economics to read this book will find much new material. However, book is well written and thoroughly researched.
The books is rather comprehensive, though I would have liked more discussion regarding the post WW2 balance of payment crises and the collapse of the ERM currency peg.
I found the debate regarding deindustrialization / service sector growth to be particularly interesting. The various authors do an excellent job defending their contrasting points of view.