MACMILLAN Britain's Economic Problem Revisited - 1996 Edition

Explore a significant work in macroeconomic study with this 1996 edition of Britain's Economic Problem. This volume provides an updated perspective on British fiscal policy and public expenditure through the lens of historical analysis and new research. This edition features a substantial new chapter titled 'Bacon and Eltis after 20 Years.' In this section, the authors evaluate how successive Conservative governments attempted to manage and control British public expenditure. The text also expands its theoretical framework by applying these economic principles to Sweden, an economy that saw a major increase in public spending. Readers will also find a complete reprint of the 1978 second edition, originally titled 'Britain's Economic Problem: Too Few Producers.' This earlier work earned praise from Harry G. Johnson for its clear explanations. Whether you are studying the history of British economics or the evolution of public spending models, this Palgrave Macmillan publication offers a detailed look at long-term economic shifts and policy impacts.