The Decline of British Economic Power Since 1870This book was first published in 1981. |
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Page 13
... firm rather than the economy as a whole'55 . ' A capitalistic environment may produce a rate of innovation well below the social optimum ' but the individual entrepreneur cannot be expected to estimate external economies.56 A more ...
... firm rather than the economy as a whole'55 . ' A capitalistic environment may produce a rate of innovation well below the social optimum ' but the individual entrepreneur cannot be expected to estimate external economies.56 A more ...
Page 15
... firm , as in coalmining , was small scale , organised in the form of a partnership or private limited company , and ... firms which were the potential sources of growth'.66 Here the problem was not so much the availability of finance ...
... firm , as in coalmining , was small scale , organised in the form of a partnership or private limited company , and ... firms which were the potential sources of growth'.66 Here the problem was not so much the availability of finance ...
Page 16
... firms which utilised engineering goods in their production processes.67 Overseas investment thus retarded industrial growth by reinforcing the overcommitment of the economy to the old - established industries . This does not mean that ...
... firms which utilised engineering goods in their production processes.67 Overseas investment thus retarded industrial growth by reinforcing the overcommitment of the economy to the old - established industries . This does not mean that ...
Page 30
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Page 34
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2nd series American Bacon and Eltis balance of payments Bank of England Bank Review Blackaby boom Bretton Woods Britain Britain's Economic Prospects British economy British industry British Overseas Business History Cambridge capital cent competition considerable cost cotton country's currency D. H. Aldcroft De-industrialisation decline deficit depression dollar economic growth Economic History Review Economic Journal Economic Policy empire employment Europe European exchange expenditure exports factors favour foreign Germany gold standard Howson ibid Imperial Preference important income increased inflation international economy J. M. Keynes John Maynard Keynes Keynes lend-lease Lloyds Bank loan London manufacturing industry million Moggridge multilateral National organisation output Oxford political position postwar prewar problem protectionism rate of growth recovery reduction reproduced by permission return to gold Richardson rise role Second Labour Government sector Skidelsky staple industries Sterling Area structure Table reproduced tariff trade union Treasury United Kingdom