ABSTRACT

Lord Roberthall was economic adviser to a succession of Labour and Conservative governments from 1947 to 1961. During that time, he served under eight Chancellors and exercised more influence on economic policy than perhaps any other official. Fortunately – though it was contrary to Civil Service rules – he kept a diary in which he documented and reflected on day-to-day events. This first volume, published in 1989, deals with the years between 1947 and 1953, in which Robert Hall acted as Director of the Economic Section and was faced with a variety of lingering uncertainties. This is a highly readable and fascinating account of what went on inside government in the post-war years. The book provides a unique picture of the relationship between Whitehall and Downing Street, and those people who shaped this challenging period in British economic history. Edited by Sir Alec Cairncross, who succeeded Lord Roberthall as Economic Adviser to HM Government in 1961, this reissue will interest any student researching policy and decision-making in the post-war period.

chapter

Introduction

chapter |84 pages

From the convertibility crisis to devaluation

1 September 1947 to 15 September 1949

chapter |86 pages

From devaluation to the change of government

26 September 1949 to 15 October 1951

chapter |48 pages

The first six months of Conservative government

24 October 1951 to 11 April 1952

chapter |64 pages

Convertibility after Robot

24 April 1952 to 30 December 1953