EHS Teaching Podcasts - Economic Recovery: Lessons from the 1930s
Authors/Speakers/Subjects: Nicholas Crafts
Published Date: 15 May 2013
In the 1930s Britain grew strongly despite significant fiscal consolidation, interest rates which could not be cut further and the international economy being in disarray. This is exactly what the government needs to achieve today. In this lecture, Professor Nick Crafts explains how policymakers delivered growth in the 1930s and draws lessons for today.