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Slater vividly recounts the story of the UK national debt and how attempts to manage it explain many key turning-points in British history.In today's "austerity era," the national debt is newsworthy once again. But this phenomenon, while central to today's politics, can be a highly technical subject. Few people fully understand its implications. This book is written for the lay reader who is not well versed in economics.

Produktbeschreibung
Slater vividly recounts the story of the UK national debt and how attempts to manage it explain many key turning-points in British history.In today's "austerity era," the national debt is newsworthy once again. But this phenomenon, while central to today's politics, can be a highly technical subject. Few people fully understand its implications. This book is written for the lay reader who is not well versed in economics.
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Autorenporträt
Martin Slater was Economics Fellow at St Edmund Hall, Oxford for over thirty years before retiring in 2013. He has also served as Oxford's Economics Sub-Faculty chair and as a managing editor of Oxford Economic Papers. Principally an industrial economist, recent years have stimulated his interest in the peculiarities of debt.