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Macroeconomic policy in Britain between the wars

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Abstract

This Virtual Issue of the Review is offered as a modest contribution towards reigniting interest in macroeconomic policy in Britain between the wars. In reprinting 19 articles which were published in the Review between 1974 and 1991, the introduction to this Virtual Issue supplements those articles and provides a further opportunity to re-examine key macroeconomic policy episodes and specific policy impact. The articles are divided into three sections: monetary and exchange rate policy; fiscal policy and the Keynesian solution; and tariff policy. The purpose of this introductory essay is to contextualize these articles briefly, comment on subsequent literature, and, where appropriate, point to future, potentially fertile areas for research which will take forward the research findings here reproduced.

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