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Britain’s Greatest Prime Minister: Lord Liverpool unpicks two centuries of Whig history to redeem Lord Liverpool (1770-1828) from ‘arch-mediocrity’ and establish him as the greatest political leader the country has ever seen. In the past, biographers of Lord Liverpool have not sufficiently acknowledged the importance of his foremost skill: economic policy (including fiscal, monetary and banking system questions). Here, Hutchinson’s decades of experience in the finance sector provide a more specialised perspective on Liverpool’s economic legacy than most historians are able to offer. From his adept handling of unparalleled economic and social difficulties, to his strategic defeat of Napoleon and unprecedented approach to the subsequent peace process, Liverpool is shown to have set Britain’s course for prosperity and effective government for the following century. In addition to granting him his rightful place among British Prime Ministers on both domestic and foreign policy grounds, Hutchinson advances how a proper regard for Liverpool’s career might have changed the structure and policies of today’s government for the better.
Reprint of the original, first published in 1883.
Economic Analysis in Historical Perspective offers a wide discussion on economics and its history. One of the book's main principles is to place the several major areas of economic analysis in historical perspective. The book's first topic is about monetary economics; it includes subtopics such as concepts of money, supply and demand of money, monetary control, and rate of interest. The next chapter highlights the economics of welfare, including its nature, modern issues, classical paradigm, and advancements. In Chapter 4, the main topics are public finance, taxes, and the government's role in all of it. This chapter also elaborates on public expenditure, taxation, and income redistribution. In the last remaining chapters, the discussion circles around the topic's relevant theories, metrics, and statistics. The text serves as a valuable reference to undergraduates or postgraduates of economics.