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The Liberal Party and the Economy, 1929-1964

Peter Sloman author

Format:Hardback

Publisher:Oxford University Press

Published:6th Nov '14

Currently unavailable, and unfortunately no date known when it will be back

The Liberal Party and the Economy, 1929-1964 cover

The Liberal Party and the Economy, 1929-1964 explores the reception, generation, and use of economic ideas in the British Liberal Party between its electoral decline in the 1920s and 1930s, and its post-war revival under Jo Grimond. Drawing on archival sources, party publications, and the press, this volume analyses the diverse intellectual influences which shaped British Liberals' economic thought up to the mid-twentieth century, and highlights the ways in which the party sought to reconcile its progressive identity with its longstanding commitment to free trade and competitive markets. Peter Sloman shows that Liberals' enthusiasm for public works and Keynesian economic management - which David Lloyd George launched onto the political agenda at the 1929 general election - was only intermittently matched by support for more detailed forms of state intervention and planning. Likewise, the party's support for redistributive taxation and social welfare provision was frequently qualified by the insistence that the ultimate Liberal aim was not the expansion of the functions of the state but the pursuit of 'ownership for all'. Liberal policy was thus shaped not only by the ideas of reformist intellectuals such as John Maynard Keynes and William Beveridge, but also by the libertarian and distributist concerns of Liberal activists and by interactions with the early neoliberal movement. This study concludes that it was ideological and generational changes in the early 1960s that cut the party's links with the New Right, opened up common ground with revisionist social democrats, and re-established its progressive credentials.

Peter Sloman's excellent first book ... fills an important gap in the historiography of British party politics in the middle decades of the twentieth century * Professor David Dutton, Journal of British Studies *
the first complete account of Liberal economic policy-making in the context of evolving liberal political thought ... As the Lib Dems contemplate their new wilderness years, Sloman's book should be required reading for all strategists, as it ought to be for all serious students of modern British politics. * Professor Roger Middleton, American Historical Review *
Peter Sloman ... examines a major theme of Liberal Party history and in so doing makes a major contribution to the history of the party as a whole in 192964. It is a well-researched and lucid monograph. * Professor Chris Wrigley, Twentieth Century British History *
a critical, elegant and thoroughgoing contribution to the literature on economic policy-making in the twentieth century ... will repay deep attention and repeated re-reading * Professor Glen O'Hara, Contemporary British History 16/01/2017 *
Peter Sloman's careful and well-documented examination of the Liberal Party's economic policies from the mid-1920s to the mid-1960s suggests that there was more to British liberalism than its electoral failure ... [and] gives us an additional perspective on the boundaries of liberalism in the twentieth century. * Dr Emile Chabal, Contemporary European History 16/01/2017 *
Peter Sloman ... very effectively demonstrates [that] there was a world of difference between the popularity of progressive, inventive and often highly original Liberal ideas about public policy, and the immensely more complex and multi-dimensional task of re-establishing Liberalism, both at the 'grass-roots' and at a 'high-political' level, as a plausible party of government * Professor Jose Harris, English Historical Review *
an ambitious but successful analysis of the development of British Liberals' economic thought over a period of electoral decline and postwar revival * Professor George Peden, Economic History Review *
a welcome contribution to understanding how the party survived and then started to grow again, as well as providing some fascinating glimpses of the inter-relationship between political parties and economists and economic journalists in the mid-twentieth century. * Dr Ian Packer, Cercles *
It will prove of great value for future research ... unfailingly scholarly ... a most valuable contribution to this field of study * Dr J. Graham Jones, Journal of Liberal History *
For the reader interested in British liberalism, the book is ... a treasure trove of new discoveries. * Dr Detmar Doering, Jahrbuch zur Liberalismus-Forschung *
a fresh and nuanced picture of the development of ... Liberal economic thought * Professor Tomoari Matsunaga, Journal of Economics Library *
By tracing the evolving positions on economic policy from the 1920s through to the mid-1960s, [Sloman] provides an interesting look at the transformation of liberal economic thought at a time of dramatic change. * Mark Klobas, Political Studies Review *

ISBN: 9780198723509

Dimensions: 222mm x 151mm x 25mm

Weight: 510g

294 pages