Why the West is Failing
Why the West is Failing

Author: John Mills

Publisher: John Wiley & Sons

Published: 2022-08-15

Total Pages: 131

ISBN-13: 1509551956

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Low growth has become the economic default in the West. While China and other Asian Tigers continue to steam ahead, western commentators either argue that stagnation is inevitable, ignoring growth in order to focus on other factors such as inflation or inequality, or disclaim growth altogether. In Why the West is Failing, veteran businessman and economist John Mills strongly refutes these arguments. He maintains that the anaemic performance of western economies since the 1970s is due to the dominance of a policy framework that has fatally ignored the importance of industrial competitiveness. He shows that the key to driving up productivity – and thereby growth – is to promote a revival of manufacturing through investment and a competitive exchange rate policy. This would produce the extra resources needed to tackle climate change and reduce the risk of western politics continuing to spiral towards populist excess. It would also allow us to impede the baleful political consequences of Chinese economic domination.

Managing the World Economy
Managing the World Economy

Author: J. Mills

Publisher: Springer

Published: 2000-08-22

Total Pages: 270

ISBN-13: 033397784X

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Managing the World Economy , while recognizing how much has been achieved since the start of the Industrial Revolution, challenges the view that much better results could have been attained. It argues that faster economic growth and much better use of the available human talent could have been in the past, and should be in the future, achievable targets. The reasons for the performance of the world economy over the last two hundred years being well below the achievable optimum stem mainly from misconceptions about macroeconomic policy, which the book sets out to explain and correct.

The Great Inflation
The Great Inflation

Author: Michael D. Bordo

Publisher: University of Chicago Press

Published: 2013-06-28

Total Pages: 545

ISBN-13: 0226066959

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Controlling inflation is among the most important objectives of economic policy. By maintaining price stability, policy makers are able to reduce uncertainty, improve price-monitoring mechanisms, and facilitate more efficient planning and allocation of resources, thereby raising productivity. This volume focuses on understanding the causes of the Great Inflation of the 1970s and ’80s, which saw rising inflation in many nations, and which propelled interest rates across the developing world into the double digits. In the decades since, the immediate cause of the period’s rise in inflation has been the subject of considerable debate. Among the areas of contention are the role of monetary policy in driving inflation and the implications this had both for policy design and for evaluating the performance of those who set the policy. Here, contributors map monetary policy from the 1960s to the present, shedding light on the ways in which the lessons of the Great Inflation were absorbed and applied to today’s global and increasingly complex economic environment.

A Critical History of Economics
A Critical History of Economics

Author: John Mills

Publisher: Springer

Published: 2002-10-23

Total Pages: 239

ISBN-13: 1403914400

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John Mills provides a critical survey of the way economics has developed. He argues that the main goal of economics ought to be to show how to achieve a combination of economic growth, full employment, low inflation, avoidance of extreme poverty and sustainability. That it has failed to do so is neither inevitable nor accidental. It has failed because of a combination of intellectual error and the effects of social and political pressure, which Mills claims could and should have been avoided.

Cold War America, 1946 To 1990
Cold War America, 1946 To 1990

Author: Facts on File Inc

Publisher: Infobase Publishing

Published: 2014-05-14

Total Pages: 689

ISBN-13: 1438107986

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Uses statistical tables, charts, photographs, maps, and illustrations to explore everyday life in the United States during the Cold War period.

Call to Action
Call to Action

Author: John Mills

Publisher: Random House

Published: 2015-03-05

Total Pages: 73

ISBN-13: 0753551748

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The UK economy is heading for a disastrous period of austerity and stagnation – GDP growth is unsustainable, debt is increasing, inequality is widening and unemployment is high. But all of these trends can be reversed by moving a few crucial levers in economic policy. This book offers a bold manifesto for how we can get the economy back on track. In this vital and timely call to action, leading economist and entrepreneur John Mills and political thinker Bryan Gould provide a searing critique of the decisions behind current UK economic policy and provide a clear step-by-step account of how to revive it, with little or no increase in inflation. Things cannot go on as they are – this book delivers a fresh roadmap to improve our quality of life and secure Britain’s economic stability for future generations.

Business History
Business History

Author: Charles Harvey

Publisher: Routledge

Published: 2018-12-07

Total Pages: 153

ISBN-13: 1135183260

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First Published in 1989. This group of studies first appeared in a Special Issue of Business History, Vol.XXXI, No.3. (July 1989). These introductory articles cover a breadth of topics including British entrepreneurs, the accumulation of riches in Victorian Britain and the importance of locational choice. Written by a variety authors, this title also opens with an article from the general editor, Charles Harvey.