On my other blog I wrote a few articles about British Economic history. It was inspired by watching Andrew Marr’s entertaining – Modern British history. One of my first memories of the news was the coal miners strike. I lived in Yorkshire and in 1984 would have been 7 years old. I remember everyday the local news always carried pictures of these people huddled over outside fires and wondering what they were doing. The modern economic history of Britain is in many ways stranger than fiction.
- Economics of the 1920s - a legacy of war debt, deflation and life under the gold standard
- Economics of the Great Depression 1930s – the economics of mass unemployment.
Post War Economy
- Economics of the 1940s and 1950s – Austerity, rationing, war debt, but full employment, new welfare state and rising living standards.
- 1960s – The ‘You’ve never had it so good era’ starts to unwind.
- 1970s – The Era of Discontent. Strikes, 3 day weeks, inflation, boom and bust. The 70s had everything except stability
- 1980s – The Thatcher era gave us two deep recessions, an experiment with monetarism mass unemployment, broke the power of trades and one of the most memorable booms of post war Britain.
- 1990s – Recession and then the great stability
- The economics of the 2000s
1 comment so far ↓
[...] Economic History of UK [...]
Leave a Comment