Germany’s roaring ’30s

The 1930s were a time of economic peril and misery for most nations globally. In the US, the period came to be the ‘Great Depression’ as living standards plummeted following the sharp decline in the money supply that started the decade. The same was true of the UK, as harsh austerity measures put in placeContinue reading “Germany’s roaring ’30s”

The Economic legacy of Thatcher’s government

Margaret Thatcher became Prime Minister in 1979 at a time of political and economic turmoil. The inflation rate had reached over 25% just three years prior, unions were striking at every possible opportunity, the country was in a mess. At the same time, economic growth had stagnated with unemployment reaching a 30-year high of 7%Continue reading “The Economic legacy of Thatcher’s government”