Monograph. — N.Y.: Cambridge University Press, 1997. — 344 p.
This major new addition to Cambridge Studies in Modern Economic History analyses the economic policies of the Attlee government, both
international and domestic, in the light of Labour's ideas and doctrines about the economy. Jim Tomlinson highlights the concern of the government with issues of industrial efficiency, and how this concern pervaded all areas of economic policy. He focuses on the economic aspects of the creation
of the welfare state, and how efficiency concerns led to a great deal of austerity in the design of welfare provision. In addition, Tomlinson offers detailed discussion of the labour market in this period, both the attempts to 'plan' that market and the tensions in the policies created
by attempts to attract more women into paid work. Students, professional historians and even politicians will greatly benefit from this broad-based reappraisal of a crucial era.
Introduction: Labour and the economy 1900-1945
Labour and the international economy 1: overall strategy
Labour and the international economy 11: the balance of
payments
Industrial modernisation
Nationalisation
Controls and planning
The financial system
Employment policy and the labour market
Labour and the woman worker
Towards a Keynesian policy?
The economics of the welfare state
Equality versus efficiency
Conclusions: political obstacles to economic reform