29 JULY 1966, page 8

What Sidney Webb Wasn't Told

By NIGEL LAWSON T HE lonely furrow the SPECTATOR has been ploughing these past six months in advocat- ing devaluation as an essential element in any lasting solution to......

Sir Forcible

AMERICA From MURRAY KEMPTON NEW YORK M OST sophisticates have come to think of us as a managed 'people. The only American reaction which is held to count now, as he him- self......

The Economic Consequences Of Mr Wilson

THE CASE FOR DEVALUATION-2 By RICHARD PRYKE M R WILSON has thrust the knife of deflation deep into the British economy, which is once again being sacrificed on the altar of the......