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Made In Britain: How the nation earns its living
 
 
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Made In Britain: How the nation earns its living [Hardcover]

Evan Davis
4.6 out of 5 stars  See all reviews (8 customer reviews)
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Customers buy this book with Who Runs Britain?: and Who's to Blame for the Economic Mess We're in £4.76

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Product details

  • Hardcover: 288 pages
  • Publisher: Little, Brown (19 May 2011)
  • Language English
  • ISBN-10: 1408703300
  • ISBN-13: 978-1408703304
  • Product Dimensions: 16.5 x 24.2 x 3.7 cm
  • Average Customer Review: 4.6 out of 5 stars  See all reviews (8 customer reviews)
  • Amazon Bestsellers Rank: 81,629 in Books (See Top 100 in Books)

Product Description

Review

'A lively, upbeat account of the way we make our living' --INDEPENDENT ON SUNDAY

'A level-headed account of how the nation makes its living . . . this book's strength is that it works hard to explain the economics lucidly for the general reader - Davis is a skilled communicator - while not falling for sloppy thinking that overstates the problem . . . A thoughtful analysis of where the economy stands' --Brian Groom, FINANCIAL TIMES

'Evan Davis' enthusiasm about what we are doing right is infectious. He succeeds in bringing complex macro-economic arguments down to a digestible, consumer level. As discussion continues among politicians and economists about the best way forward for the economy, MADE IN BRITAIN could not be more relevant'
--SCOTLAND ON SUNDAY

'Evan Davis is a rarity among financial journalists: not only is he an expert in his field but he communicates in a clear and thought-provoking manner ... Clever and extremely enjoyable ... Lord Reith said the BBC's mission should be to educate, to inform and to entertain. With MADE IN BRITAIN, Davis has achieved all three' --Sunday Express

'A lively, upbeat account of the way we make our living' --Sean O'Grady, Independent

Book Description

* A brilliant, stunningly produced tie-in book to major three part BBC TV series written by the high-profile Today and Dragons' Den

Inside This Book (Learn More)
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Front Cover | Copyright | Table of Contents | Excerpt | Index
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Most Helpful Customer Reviews
1 of 1 people found the following review helpful
By Big Jim TOP 50 REVIEWER
Format:Paperback|Amazon Verified Purchase
Other reviewers have taken the time and care to review this book in greater depth than I and I don't intend to contradict any of that. All I would say is that I read this book virtually in one sitting on a Sunday and there can't be many books on economics of which you can say that. If you are familiar with Mr Davis on the TV you will find that his breezy yet deceptively incisive style is replicated here, making the book very readable and helps one make sense of the economic turmoil that is going on around us. I suppose, not being anything close to knowedgeable about economics, there may be some criticism that this book isn't as in depth as it might be but for me that is the point of it. It is for the general reader and in that it succeeds admirably.

Obviously it is not quite up to date as events in Greece etc have rather overtaken the news since the book was first published, but from a British perspective you can take some of the lessons you will read in here and transpose them onto the Eurozone "crisis" for example and it will suddenly make some sort of sense.

I can't praise this book highly enough.
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1 of 1 people found the following review helpful
Format:Hardcover
The book certainly shows how diversified the British economy is, describing how the country has left low-value manufacturing to China/India, whilst retaining high-end and niche engineering capabilities and how there is an ongoing trend away from manufacturing and into services and other activities such as branding and advertising.

One of Evan's key points about manufacturing is that we don't save enough to have heavy manufacturing capability. Such an industry would require long term investment funds that simply aren't available.

Another key point is that we have more recently become over-reliant on service industries (particularly financial) to the degree that we are slowly losing our national identity by acting as a host nation to rich foreigners. This has lead to negative balance of payments, which eventually needs to be compensated for.

One of his main conclusions is that our while our economy is fundamentally healthy, it needs re-balancing away from some service sectors and back towards manufacturing. We can only do this by saving more.

All of these are valid, well-argued points, but what is missing is that part of the economy accounting for half of our GDP is simply not covered : the public sector. Evan repeatedly ducks out of this by saying he doesn't want to get involved in arguments over the role of government.

What the book covers is entertaining and thought provoking (I found the concept of thinking about yourself as both a producer and consumer when considering the export of manufacturing to China particularly interesting). But by limiting the book to private sector activity, Evan has only described half of the UK economy and skirted important issues such as the role of government intervention in the economy, how taxation affects output etc. etc.

In short an excellent book on what it covers, but too much is missing to give a complete description of the UK economy.
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9 of 12 people found the following review helpful
By Roland Davis VINE™ VOICE
Format:Hardcover
This morning I heard on the Today Programme that Max Hastings has been slating the British as idle and useless compared with the Chinese. John Humphreys must have been itching to say, "That's a load of tosh and my colleague Evan Davis's book explains exactly why". Well, I can't be certain that John Humphreys has read the book but I have, and I will never be deceived by ignorant raving about Britain again. Reading it actually changed my opinion.

"Made in Britain" is an extraordinary combination - a serious book about economics which is entertaining, easy to read, easy to understand, balanced and impregnably sound in its judgements. The author is not just a journalist but a respected economist with a background at Oxford, Harvard, London Business School and the Institute of Fiscal Studies.

The book is unfortunately littered with typos. The author must have been furious with the BBC for screwing up the schedule so that it went to print before it had been properly edited. But, as he points out astutely in chapter 11, organisations protected from market forces with a licence to collect money, can become too much of a good thing.

This is pretty much a must-read for anyone interested in the state of Britain or worried about our future.
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