Summary of Something Will Turn Up

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Rating

8 Overall

7 Importance

7 Innovation

9 Style

Recommendation

The Sunday Times economics editor David Smith presents a readable, informative history of the British economy since World War II. As a prominent journalist covering economic matters, he draws on a wealth of knowledge and anecdotes. His treatment of the decades of the 1970s and 1980s, in particular, provides a most interesting read. Though written before the Brexit vote, Smith’s straightforward account of a significant chapter in the United Kingdom’s history offers a wise and well-balanced perspective. This is a straightforward historical account without an opinionated viewpoint; little here is personal or contentious. getAbstract recommends this enjoyable overview to students, professors, investors and history buffs.

In this summary, you will learn

  • What events have marked the United Kingdom’s economic history since World War II,
  • What issues have caused the UK’s economic problems and
  • How the British have responded to these economic challenges.
 

About the Author

Economics editor of The Sunday Times David Smith also wrote The Dragon and the Elephant and Free Lunch.

 

Summary

The Decline of British Manufacturing
Great Britain was the first leading manufacturing country. Even as late as 1950, it produced 25% of the world’s manufacturing exports. It generated a trade surplus in manufactured goods that amounted to as much as 10% of its gross domestic product (...

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