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      • Trusted Partner
        Bankruptcy, bubbles and bailouts
        Humanities & Social Sciences
        October 2022

        Bankruptcy, bubbles and bailouts

        The inside history of the Treasury since 1976

        by Aeron Davis

        Despite its integral role in the ups and downs of Britain's economy, the Treasury has escaped critical public and academic scrutiny. The financial and economic crises of the last four decades have all been blamed on others. From greedy unions and financiers to inept regulators and politicians, the scapegoats for the bubbles, crashes, depressions, the banking crisis, productivity gap and decline of industry have been identified and vilified by the media. The Treasury is presented as the saviour that cleans up the mess of others. It is a bedrock of government stability, a beacon of rational cosmopolitanism, a bulwark against the madness of Brexit. This book argues that the reverse is true. While many others have contributed, it is the Treasury more than any other institution, public or private, which is responsible for socio-economic disparities in the UK, as well as the Brexit paralysis. In the words of civil servants, former Chancellors, and Treasury officials, this book offers the definitive but unofficial inside story on this elite institution.

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      • Trusted Partner
        Bankruptcy, bubbles and bailouts
        Humanities & Social Sciences
        October 2022

        Bankruptcy, bubbles and bailouts

        The inside history of the Treasury since 1976

        by Aeron Davis, Karel Williams

        The Treasury plays an integral role in the ups and downs of Britain's economy, and this new history looks at its internal workings from 1976 to the present day. It is often seen as a bedrock of government stability, a beacon of rational cosmopolitanism, a bulwark against the madness of Brexit. Aeron Davis discovers its inside history in this fascinating book.

        More
      • Trusted Partner
        Bankruptcy, bubbles and bailouts
        Humanities & Social Sciences
        October 2022

        Bankruptcy, bubbles and bailouts

        The inside history of the Treasury since 1976

        by Aeron Davis, Karel Williams

        The Treasury plays an integral role in the ups and downs of Britain's economy, and this new history looks at its internal workings from 1976 to the present day. It is often seen as a bedrock of government stability, a beacon of rational cosmopolitanism, a bulwark against the madness of Brexit. Aeron Davis discovers its inside history in this fascinating book.

        More
      • Trusted Partner
        Bankruptcy, bubbles and bailouts
        Humanities & Social Sciences
        April 2024

        Bankruptcy, bubbles and bailouts

        The inside history of the Treasury since 1976

        by Aeron Davis

        The Treasury is one of Britain's oldest, most powerful and most secretive institutions. It has played a central role in shaping the country's economic system, yet all too often it has escaped public scrutiny. The Treasury is often present as a bedrock in times of crisis, rescuing the nation's finances from posturing politicians and the combustions of world financial markets. However, there is another side to the story. Between the highs there have been many lows, from botched privatisations to dubious private finance initiatives, from failing to spot the great financial crisis to facilitating ever-growing inequalities. Going behind the scenes, this book offers an inside history of the Treasury, in the words of chancellors, advisors and civil servants themselves. It shows the shortcomings as well as the successes, the personalities and the ideas that have shaped Britain's economy since the mid-1970s. Based on interviews with over fifty key figures, it offers a fascinating, alternative insight on how and why the UK economy came to function as it does today, and why reform is long overdue.

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      • Trusted Partner
        Foundations of social ecological economics
        Business, Economics & Law
        June 2025

        Foundations of social ecological economics

        The fight for revolutionary change in economic thought

        by Clive L Spash

        This book explores radical dissent from orthodox mainstream economics, and sets out a theoretically grounded vision for the emerging paradigm of social ecological economics. At the heart of this paradigmatic shift lies an acknowledgement of the inextricable embeddedness of economies in biophysical reality and social structure. The struggle for this transformative vision unfolds through a critical examination of mainstream environmental thought, followed by a nuanced evaluation of contributions from Marxists, socialists, critical institutionalists, feminists and Post-Keynesians grappling with the urgent environmental crisis. Synthesising insights from these diverse and heterodox schools, the book navigates the philosophical underpinnings of science, embracing a critical realist approach that challenges not only mainstream economic thought but also eclectic pluralism, relativism and strong constructionism. The question of what constitutes revolutionary science is explored in light of works by Kuhn, Schumpeter and Neurath, emphasising the pivotal role of values and ideology in works from Marx to Gramsci. Building on these radical and philosophical foundations, the book articulates a preanalytic vision of social ecological economics, dismantling entrenched notions of growth and efficiency in favour of a framework centered on social provisioning and needs embedded in ethics. In a thought-provoking conclusion, the book applies its analytical lens to the multiple crises of modernity within industrialised capital-accumulating economies. An agenda for social ecological transformation toward diverse alternative economies emerges, providing a compelling call to action in the face of contemporary challenges.

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