Harold Macmillan

Maurice Harold Macmillan, 1st Earl of Stockton (10 February 1894 – 29 December 1986) was Prime Minister of the United Kingdom and Leader of the Conservative Party from 1957 to 1963. Nicknamed "Supermac", he was known for his pragmatism, wit, and unflappability. Macmillan was seriously injured as an infantry officer during the First World War. He suffered pain and partial immobility for the rest of his life. After the war he joined his family book-publishing business, then entered Parliament at the 1924 general election for Stockton-on-Tees. Losing his seat in 1929, he regained it in 1931, soon after which he spoke out against the high rate of unemployment in Stockton. He opposed the appeasement of Germany practised by the Conservative government. He rose to high office during the Second World War as a protégé of Prime Minister Winston Churchill. In the 1950s Macmillan served as Foreign Secretary and Chancellor of the Exchequer under Anthony Eden. When Eden resigned in 1957 following the Suez Crisis, Macmillan succeeded him as prime minister and Leader of the Conservative Party. He was a One Nation Tory of the Disraelian tradition and supported the post-war consensus. He supported the welfare state and the necessity of a mixed economy with some nationalised industries and strong trade unions. He championed a Keynesian strategy of deficit spending to maintain demand and pursuit of corporatist policies to develop the domestic market as the engine of growth. Benefiting from favourable international conditions, he presided over an age of affluence, marked by low unemployment and high—if uneven—growth. In his speech of July 1957 he told the nation it had "never had it so good", but warned of the dangers of inflation, summing up the fragile prosperity of the 1950s. He led the Conservatives to success in 1959 with an increased majority....