A collection of ten classic texts of 20th-century British political economy. The texts deal with managed capitalism, the welfare state and the middle ground, and should promote readers' understanding of British politics and economic ideology in the years since the Great Depression. Introduction, James Meade, Planning and the Price Mechanism (1948), Preface, i. The Problem Stated, ii. The Control of Inflation and Deflation, in. The Distribution of Income and Property, iv. The Problem of Monopoly, v. Financial Policy and the Balance of Payments, Appendix I - The Arithmetic of the Amalgamation of National Insurance, Children’s Allowances, Food Subsidies and Income Tax, Appendix II - The International Monetary Fund, the International Trade Organization and the United Kingdom Balance of Payments, Index