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In this authoritative and gripping book--the first full account of the 1976 International Monetary Fund crisis--Kathleen Burk and Alec Cairncross peel back the surface of the most searing economic crisis of postwar Britain to reveal its historical roots and contemporary context. During the spring of 1976, the plummeting value of the British pound against the U.S. dollar triggered a traumatic economic and political crisis. International confidence in the pound collapsed; an article in the Wall Street Journal, headlined "Good-bye, Great Britain," urged investors to get out of sterling. Refused aid by the London and New York markets, the Labour Government under Prime Minister James Callaghan wa...
America's close bond with Great Britain seems inevitable, given the shared language and heritage. But as distinguished historian Burk shows, that close international relationship had been forged only recently, preceded by several centuries of hostility and conflict.
A.J.P. Taylor was arguably the most influential and popular British historian of the 20th century. This biography explores Taylor's activities as historian, Oxford don, broadcast journalist, husband and friend during a brilliant life punctuated by success, failure and frequent controversy.
This volume gives students and researchers an insight into British central government in 1914, how and why it altered during the war years and what permanent changes remained when the war was over. The war saw the scope of governmental intervention widened in an unprecedented manner. The contributors to this book analyse the reasons for this expansion and describe how the changes affected the government machine and the lives of the citizens. They consider why some innovations did not survive the coming of peace while others permanently transformed the duties and procedures of government.
Anglo-American relations were transformed during the First World War. Britain was already in long-term economic decline relative to the United States, but this decline was accelerated by the war, which was militarily a victory for Britain, but economically a catastrophe. This book sets out the economic, and in particular, the financial relations between the two powers during the war, setting it in the context of the more familiar political and diplomatic relationship. Particular attention is paid to the British war missions sent out to the USA, which were the agents for much of the financial and economic negotiation, and which are rescued here from underserved historical obscurity.
Recounts the events of the Bretton Woods accords, presents portaits of the two men at the center of the drama, and reveals Harry White's admiration for Soviet economic planning and communications with intelligence officers.
_______________ 'Enormously entertaining' - Sunday Times 'Exhaustive and convincingly argued' - Observer 'A complicated story well told, from which financial lessons emerge naturally' - Financial Times _______________ A unique look at the financial world and its troubled history, from the disaster that befell Spain in the sixteenth century to the 2008 global financial crisis In the sixteenth century, Spanish conquistadors discovered the New World. The vast quantities of gold and silver would make their country rich, yet the new wealth, which was plunged into multiple wars, would eventually lead to the economic ruin of their empire. Here, historian and politician Kwasi Kwarteng shows that thi...
Since 1945 Great Britain has experienced the loss of the empire, economic decline and recovery, entry into Europe, evolution into a multicultural society and devolution. In this book, six distinguished historians each take a theme and set out the fundamental nature and development of each.
In OLD WORLD, NEW WORLD Kathleen Burk sets out to tell the story of Britain and America across four hundred years, from colonisation to Iraq. There are two strands to this story. The first is the grand narrative that takes in the British colonisation of America and the American Revolutionary War, the American Civil War and the global conflicts of the twentieth century. This is the story of America's inevitable eclipse of its former colonial master as a Great Power, and of the enmities and sympathies, the confusions and understandings born along the way. The second strand is quieter but no less fascinating. Displaying a breathtaking command of her subject, Burk examines the relations between the two countries in many other spheres: economic, religious, cultural, social, even romantic. These two strands taken together make Old World, New World an unprecedented achievement. No one could hope to write the definitive story of these two countries and their relationship, but few will come closer than Kathleen Burk has in this brilliant book.
We’ve all come across those suave, confident, and all-so-knowing books that tell us precisely what to drink with which dish, how to swirl, sniff, slosh, and pronounce on our wine, and, above all, how to impress our friends and business associates with our expertise. Well, this is not one of those books. Is This Bottle Corked? is something different: a book that poses–and answers–the really important questions about wine. •What was Falstaff drinking when he called for more sack? •What was actually drunk at Plato’s Symposium? •When is rot "noble"? •Who was the first American connoisseur of wine–it wasn’t George Washington, but speaking of the general, what was his favorite ...