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Edward VIII reigned for just 325 days. The history of his reign is in large part the history of the abdication. However, as Prince of Wales, Edward had been the first heir to the throne to find a genuine role for himself, as a spokesmen for the ex-service generation.
Rapid economic growth in the emerging worlds has placed downward pressure of manufacturing wages in the advanced world. With increasingly lower real interest rates putting upwards pressure on asset prices, these twin forces have the propensity to accelerate income inequality. What do the facts say?
George V’s reign coincided with the fall from power of five emperors, eight kings and eighteen other dynasties. But in Britain the monarchy gained in popular esteem and this helped to preserve parliamentary government in the difficult years between the wars.
In the commerce second lecture, trends in the labour market will be considered, examining patterns of unemployment, employment, hours worked and real wages. Do high participation rates in the labour market reflect represent economic progress or an economy mired in low-skill low-wages jobs?
Dickens' use of exaggeration is key to his style. But its use has myriad effects from making a character's disposition unmissable, to adding whimsy and humour.
Edward VII had an instinctive understanding of the human side of monarchy. At home he faced a constitutional crisis when the House of Lords rejected the budget in 1909. The crisis remained unresolved at Edward’s death in 1910.