How to survive the slump: A guide to the economic crisis

Hard times are ahead. Graham Bannock has produced this guide to economic chaos to help the man in the street survive the savage retrenchment in store for him. Part One deals with survival in practical terms, ranging from home-brewing and the merits of hoarding as an investment, to the best savings and investment strategy in an age of rapidly rising prices. Advice is given, among other things, about buying gold or antiques, on Fixed-Interest Securities, Equities and Life Assurance, the correct use of freezers and Do-It-Yourself. Part Two makes sense of all this from a long-term world-wide perspective. The British crisis is seen in terms of international economic problems and developments over the last fifty years. The author discusses the theories put forward by economists to solve these difficulties, expressing his own view that the direction taken by Western economies is a blind alley and that the way out of this stalemate is to decentralize our political institutions and our economy.