This title was first published in 2002: There are few students of European economic history who will not have come across the writings of Derek H. Aldcroft. His contributions to the field of economic and social history are vast and distinguish him as one of the most prolific economic historians of the 20th century. This volume honours Derek's contribution to the literature of economic and social history and its contents reflect his wide-ranging interests, particularly on issues relating to transport history and the growth and structural change in economies. From transport in the Industrial Revolution to late 20th-century international financial architecture, the essays in this book, contributed by leading economic historians, are a tribute to a remarkable scholar.


Throughout the 1970s, the economic policy of the Conservative Party became increasingly influenced by many of the monetarist arguments emanating from the United States. After winning the General Election in May 1979, the Conservatives came to power with the intention of conducting economic policy along monetarist lines. This book examines how the demise of monetarism in the United Kingdom since 1979 can be explained through a social learning model. The study argues that the monetarist strategy was rejected for a number of reasons over the 1980s. This included the recession of the early 1980s; the rise in unemployment; the change in attitude; and the disagreements between politicians and policy-makers.