This major study analyses the economic policies of the Attlee government, both international and domestic, in the light of Labour's issues and doctrines about the economy. Jim Tomlinson highlights the concern of the government with issues of industrial efficiency, and how this concern pervaded all areas of economic policy. He focuses on the economic aspects of the creation of the welfare state, and how efficiency concerns led to a great deal of austerity in the design of welfare provision. In addition, Tomlinson offers detailed discussion of the labour market in this period, both the attempts to 'plan' that market and the tensions in the policies created by attempts to attract more women into paid work. Students, professional historians and even politicians will greatly benefit from this broad-based reappraisal of a crucial era.