William A Allen, Monetary policy and financial repression in Britain 1951–1959, Palgrave Macmillan, 2014, pages xii + 287
William (Bill) Allen has written a fascinating and coherent account of British monetary policy in the 1950s. This is, as he convincingly demonstrates, a subject with far more than antiquarian or historical interest, but rather it offers important and disturbing insights into current monetary policy-making.
There have been previous studies of British monetary policy, but they
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