Edmund Dell famously quipped that Harold Macmillan got through chancellors rather as Henry VIII got through wives, though with rather less satisfaction. The key issue is whether short-term political advantage was given priority over the underlying problems of the economy.
The answer would appear to be yes…
You can read about the individual chancellors more fully here: Rab Butler, Harold Macmillan, Peter Thorneycroft, Derick Heathcoat Amory, Selwyn Lloyd and Reginald Maudling.
And the best book on the post-war chancellors of the exchequer:
1 thought on “Tillerscast (5): the Six Midwives of Harold and Company – the Conservative Chancellors and Economic Policy, 1951-64”