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Episode details

Radio 4,28 May 2020,28 mins

Economic lessons of 1945

The Bottom Line

Available for over a year

Businesses mothballed or trying to get back on their feet. The government paying the wages of more than seven million employees. Working from home as the new norm. Could we have predicted the impact that Covid-19 would have? Not necessarily. But perhaps there are lessons to be taken from another era that experienced a huge shock - 1945, at the end of World War Two. Getting back to a peacetime economy from a war footing was a big leap for British businesses. Evan Davis and guests discuss whether that era highlights the do’s and don’ts of how to kick-start our present day economy. Margaret MacMillan - Emeritus Professor of International History, University of Oxford Catherine Schenk, Professor of Economic and Social History, University of Oxford David Edgerton, Hans Rausing Professor of the History of Science and Technology and Professor of Modern British History, King’s College London. Jim Tomlinson, Professor of Economic and Social History, University of Glasgow. Produced in association with The Open University Producer: Lesley McAlpine

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