This major study analyses the economic policies of the Attlee government.This major new addition to Cambridge Studies in Modern Economic History analyses the economic policies of the Attlee Government, incorporating already published literature and much new research. It integrates the politics of economic policy-making with the economic arguments. It stresses the importance of the government's drive for efficiency, and strongly questions the claim that in building a 'welfare state' the government neglected production. It is the first comprehensive account of the Attlee government's economic policies.This major new addition to Cambridge Studies in Modern Economic History analyses the economic policies of the Attlee Government, incorporating already published literature and much new research. It integrates the politics of economic policy-making with the economic arguments. It stresses the importance of the government's drive for efficiency, and strongly questions the claim that in building a 'welfare state' the government neglected production. It is the first comprehensive account of the Attlee government's economic policies.This major new addition to Cambridge Studies in Modern Economic History analyzes the economic policies of the Attlee Government, incorporating already published literature and much new research. It integrates the politics of economic policy-making with the economic arguments. It stresses the importance of the government's drive for efficiency, and strongly questions the claim that in building a welfare state the government neglected production. It is the first comprehensive account of the Attlee government's economic policies.List of Tables; Acknowledgements; List of abbreviations; 1. Introduction: Labour and the economy 190045; 2. Labour and the international economy I: Overall strategy; 3. Labour and the international economy II: The balance of payments; 4. Industrial modernisation; 5. Nationalisation; 6. Controls and planning; 7. The financil³#