The Chancellors' Tales offers a unique insider view of the management of a modern economy, charting the opportunities and constraints that each chancellor faced. The book provides a rare historical record of the difficulties and dilemmas of managing the British economy in an increasingly global age. Written with both deep insight and wit, the chapters follow the period in office of each of the chancellors. Each chapter offers a detailed account of the handling of the economy during that chancellors period of office. Taken together they provide a privileged insight into the way the British economy has been run and why.
The chapters are written by Lord Healey, Lord Howe, Lord Lawson of Blaby, Lord Lamont and Kenneth Clarke, MP. The book also contains an introduction by Sir Howard Davies, Director of the London School of Economics. He provides a context in which to understand the contributions of each of the chapters which follow.
The book will be of interest to specialists and non-specialists alike interested in understanding how government works and economies function.
* Exam copies only available to lecturers for whom the book may be suitable as a course text.
Please note: Sales representation and distribution for Polity titles is provided by John Wiley and Sons Ltd.
"Anyone who remembers the episode of Father Ted in which he uses
his Golden Cleric award acceptiance speech to stick the boot in to
everyone who has ever crossed him will find many of the
reminiscences strangely familiar."
"One of the many fascinating sub-themes to emerge from this
collection is how little regard even the more cerebral
holders of the office since 1974 had for the craft of the
professional economist ... the inclusion of the discussion
transcripts [from the original lectures] is a great bonus."
Peter Hennessy, Times Literary Supplement
"Sir Howard Davies had the ingenious idea of getting every
chancellor from Denis Healy, except John Major who held the office
for only a year before being translated to higher things, to give
an account of how they saw things."
"Davies writes a careful but typically elegant
"A crucial text for those interested in British economic policy
since the breakdown of Bretton Woods."
Chris Huhne, Business Economist
"Almost all the chancellors holding office between 1974 and 1997
set out their personal interpretation of their experiences, with
disarming openness at times – and Howard Davies brings the
recurring themes together with great skill. Taken collectively
these essays give us an absorbing insight into the conduct of
Lord Burns, Former Treasury Permanent Secretary