Abstract

England's Problems in Economics and Finance

This article focuses on Great Britain's problems in economics and finance arising out of the war. In the first place, all the superficial phenomena tend to confirm the untrained observer in the conclusion that there is no economic pressure on the population at the present time, that indeed the country is passing through an era of great apparent prosperity. From the point of view of the upper and middle classes, i.e., the income-receiving classes, the situation wears a somewhat different aspect. The class which has perhaps suffered most is that which depends on a fixed income derived from investments. In many cases, not only has the capital value of the investments shrunk, but the income has decreased, while prices have risen all round.