The Bank of England

Forrest Capie is Professor Emeritus of Economic History at the Cass Business School, City University of London.

• 1. Introduction and overview; 2. The Bank in the 1950s; 3. The monetary setting and the Bank; 4. The Bank's external responsibilities to 1964; 5. From crisis to 'crucifixion'; 6. Domestic monetary policy after Radcliffe; 7. Other activities and performance; 8. Sterling from devaluation to Smithsonian; 9. The road to competition and credit control; 10. Competition and credit control; 11. The secondary banking crisis; 12. Banking supervision; 13. Monetary targets and monetary control; 14. The Bank and sterling in the 1970s; 15. The Bank's freedom to operate; 16. Epilogue.

Reviews of the hardback: 'A treasure trove for economic historians. Capie has done a fine job and is particularly strong on what one might call the science of inter-institutional dynamics.' Howard Davies, The Financial Times