KEITH SMITH - The British Economic Crisis. Its Past and Future

Harmondsworth, England, Penguin, 1984. 1st Paperback Edition, Binding: Soft Cover, Very Good. 8vo - over 7¾" - 9¾" Tall Octavo 0140225021 Paperback Paperback. The British Economic Crisis. A new three-part introduction to the British economy - the background, current theories and possible future. Why do many experts now believe that the British economy is on the brink of full-scale collapse? And what can be done about it? In this important new book the authir explains the causes and unravels the significance of Britain's Industrial failure, the full gravity of which has been masked by North Sea oil. But stark choices cannot be avoided as oil output declines over the next ten years. He also shows why the orthodixies of both monetarism and Keynesianism are fast becoming irrelevant in the face of thsis crisis, and argues for a programme of reconstruction which can draw on the lessons of Japanese policies for economic growth. Accessible, thorouhgly researched and brilliantly argued, this book is essential for an understanding of the key problems facing Britain today, and will become a classic in its field. 256 pp.