This textbook aims to make an understanding of Britain's 20th century economic performance accessible to students without an economics training. Alan Booth combines narrative with a conceptual and analytical approach to review the British economy. The book discusses why Britain's position in the world has slipped over the course of the century and whether relative decline might have been reversed. Particular attention is paid throughout to the impact of long run forces on economic performance. Key themes include: economic growth and welfare, the working of the labour market, and the performance of entrepreneurs and managers.
ALAN BOOTH is Senior Lecturer in Economic and Social History at the University of Exeter.