The subject of the meeting was the influence of Keynes’s and Lloyd George’s Yellow Book on the problems of conquering unemployment in the 1920s and 1930s. With one of the major policy paper debates at Brighton that year being on Employment Policy, this provided us with a chance to trace the development of Liberal/Liberal Democrat thought on this important topic. Lord Skidelsky was Professor of Political Economy at University of Warwick. His books include Politicians and the Slump and Oswald Mosley; he is perhaps best known for his biography of Keynes.