The British economy of the 1980s and 1990s saw a huge boom - followed by a terrible bust.

But it also laid the foundations for the long expansion that followed - as well as creating the fault-lines that were to be exposed in the crash of 2008.

In a sequel to 'Gaining Currency: The Rise and Fall of Monetarism', the leading economics writer David Smith tells the inside story of the years when the management of British economic policy was fiercely contested by the monetarists, the Keynesians, and the Europeans.

Smith examines the different policies pushed by the leading Conservative politicians of the era - Margaret Thatcher, Nigel Lawson, Sir Alan Walters, John Major, Norman Lamont and the others responsible for a roller-coaster ride in state of the British economic policy.

With an new introduction looking at the lasting legacy of the era, 'From Boom To Bust' is essential reading for economics students, and for anyone interested in post-war British politics.

"A well-written book by David Smith that describes the internecine warfare about economic policy in the Conservative Party" - Gavyn Davies The Independent

"Excellent" - Richard Adams The Guardian.

David Smith is economics editor and columnist for The Sunday Times. His books include 'Free Lunch - Easily Digestible Economics' and 'The Age of Instability'. He lives in London.

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