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Britain in the 20th Century: The Economic Crisis and its Consequences - Professor Vernon Bogdanor

Fears about the fiscal deficit and the possibility of a run on sterling caused MacDonald and Snowdon to take drastic action in the economic crisis of 1931. However, they could not win the support of the trade unions and the cabinet, so headed up a 'National' Government of Conservatives and Liberals. Labour was decimated in the elections of 1931 and 1935 -- not returning to power until Churchill's war-time coalition. The transcript and downloadable versions of the lecture are available from the Gresham College website: http://www.gresham.ac.uk/lectures-and... Gresham College has offered free public lectures for over 400 years, thanks to the generosity of our supporters. There are currently over 2,500 lectures free to access. We believe that everyone should have the opportunity to learn from some of the greatest minds. To support Gresham's mission, please consider making a donation: https://gresham.ac.uk/support/