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The Tyranny of Nostalgia: Half a Century of British Economic Decline
Buch von Russell Jones
Sprache: Englisch

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Beschreibung
The performance of the British economy over the past fifty-odd years does not make for comforting reading. Indeed, the story is a depressing catalogue of misapprehensions, missteps, wasted opportunities, crises and humiliations, with all-too-familiar problems arising time and again and yet never being satisfactorily addressed. All nations and their economic policymakers are to a certain extent prisoners of their history, but this seems to apply more to the UK than to other countries. Nostalgia for the great days of the past has become tyrannical - and is in some sense embodied in the form of the Chancellor of the Exchequer's famous 'budget box', made for William Gladstone in the 1850s and only passed over to a museum in 2010. Nostalgia has led to wishful thinking, and this has been the underlying sentiment driving poorly thought through - sometimes even panicky - initiatives that were blindly borrowed from elsewhere, that flew in the face of experience, or that were drawn from theoretical and political extremes. This book describes and interprets the economic and political history of the past half a century, examining the challenges confronted by successive governments and their Chancellors, the policies employed for good or ill, and - running through it all - the desperate search for a panacea that could arrest the nation's relative decline and return the country to its supposed former glories.
The performance of the British economy over the past fifty-odd years does not make for comforting reading. Indeed, the story is a depressing catalogue of misapprehensions, missteps, wasted opportunities, crises and humiliations, with all-too-familiar problems arising time and again and yet never being satisfactorily addressed. All nations and their economic policymakers are to a certain extent prisoners of their history, but this seems to apply more to the UK than to other countries. Nostalgia for the great days of the past has become tyrannical - and is in some sense embodied in the form of the Chancellor of the Exchequer's famous 'budget box', made for William Gladstone in the 1850s and only passed over to a museum in 2010. Nostalgia has led to wishful thinking, and this has been the underlying sentiment driving poorly thought through - sometimes even panicky - initiatives that were blindly borrowed from elsewhere, that flew in the face of experience, or that were drawn from theoretical and political extremes. This book describes and interprets the economic and political history of the past half a century, examining the challenges confronted by successive governments and their Chancellors, the policies employed for good or ill, and - running through it all - the desperate search for a panacea that could arrest the nation's relative decline and return the country to its supposed former glories.
Über den Autor
Russell Jones has been a professional macroeconomist for almost forty years. Over the course of his long career, he has at different times been domiciled in London, Tokyo, Abu Dhabi and Sydney, and he has applied his skills to all the major asset classes. He has worked for a number of major financial institutions and provided advice not just to leading asset managers but also to several governments and central banks. Russell holds BSc and MSc degrees in economics and economic history from the University of Bristol. He is the author of The Itinerant Economist.
Details
Erscheinungsjahr: 2023
Fachbereich: Allgemeines
Genre: Importe, Wirtschaft
Rubrik: Recht & Wirtschaft
Medium: Buch
ISBN-13: 9781913019792
ISBN-10: 1913019799
Sprache: Englisch
Einband: Gebunden
Autor: Jones, Russell
Hersteller: London School of Economics and Political Science
Verantwortliche Person für die EU: Produktsicherheitsverantwortliche/r, Europaallee 1, D-36244 Bad Hersfeld, gpsr@libri.de
Maße: 239 x 161 x 30 mm
Von/Mit: Russell Jones
Erscheinungsdatum: 01.06.2023
Gewicht: 0,652 kg
Artikel-ID: 126607376
Über den Autor
Russell Jones has been a professional macroeconomist for almost forty years. Over the course of his long career, he has at different times been domiciled in London, Tokyo, Abu Dhabi and Sydney, and he has applied his skills to all the major asset classes. He has worked for a number of major financial institutions and provided advice not just to leading asset managers but also to several governments and central banks. Russell holds BSc and MSc degrees in economics and economic history from the University of Bristol. He is the author of The Itinerant Economist.
Details
Erscheinungsjahr: 2023
Fachbereich: Allgemeines
Genre: Importe, Wirtschaft
Rubrik: Recht & Wirtschaft
Medium: Buch
ISBN-13: 9781913019792
ISBN-10: 1913019799
Sprache: Englisch
Einband: Gebunden
Autor: Jones, Russell
Hersteller: London School of Economics and Political Science
Verantwortliche Person für die EU: Produktsicherheitsverantwortliche/r, Europaallee 1, D-36244 Bad Hersfeld, gpsr@libri.de
Maße: 239 x 161 x 30 mm
Von/Mit: Russell Jones
Erscheinungsdatum: 01.06.2023
Gewicht: 0,652 kg
Artikel-ID: 126607376
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