
Why the West is Failing
Failed Economics and the Rise of the East
John Mills(Author)
Polity Press
1st Edition
Published on 25. August 2022
Book
Paperback/Softback
220 pages
978-1-5095-5194-1 (ISBN)
Description
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, ignore growth to focus on other factors such as inflation or inequality, or disclaim growth altogether.
In this iconoclastic book, veteran businessman and economist John Mills strongly refutes these assumptions. He argues that the anaemic performance of western economies since the 1970s is due to the dominance of a policy framework which 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 will not only produce the extra resources we need to tackle climate change, but reduce the risk of western politics continuing to spiral towards populist excess. It will also allow us to arrest the baleful political consequences of Chinese economic domination.
No-one interested in the future of the global economy can afford to miss this spirited attack on the policies that have driven the West into economic failure for decades.
In this iconoclastic book, veteran businessman and economist John Mills strongly refutes these assumptions. He argues that the anaemic performance of western economies since the 1970s is due to the dominance of a policy framework which 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 will not only produce the extra resources we need to tackle climate change, but reduce the risk of western politics continuing to spiral towards populist excess. It will also allow us to arrest the baleful political consequences of Chinese economic domination.
No-one interested in the future of the global economy can afford to miss this spirited attack on the policies that have driven the West into economic failure for decades.
More details
Language
English
Place of publication
Oxford
United Kingdom
Target group
Professional and scholarly
Dimensions
Height: 215 mm
Width: 137 mm
Thickness: 20 mm
Weight
304 gr
ISBN-13
978-1-5095-5194-1 (9781509551941)
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Schweitzer Classification
Other editions
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Mills
Why the West is Failing: Failed Economics and the Rise of the East
Failed Economics and the Rise of the East
Book
08/2022
1st Edition
Polity Press
€65.00
Shipment within 15-20 days

E-Book
08/2022
1st Edition
Wiley-Scrivener
€16.99
Available for download
Person
John Mills is Founder and Charmain of JML, Director of the Institute for Prosperity and former Chair of Labour Leave.
Content
CHAPTER 1 - What has Gone Wrong?
CHAPTER 2 - Economic Growth
CHAPTER 3 - Economic History
CHAPTER 4 - Is Faster Growth Desirable?
CHAPTER 5 - Is Faster Growth Feasible?
CHAPTER 6 - Conclusion
Notes
CHAPTER 2 - Economic Growth
CHAPTER 3 - Economic History
CHAPTER 4 - Is Faster Growth Desirable?
CHAPTER 5 - Is Faster Growth Feasible?
CHAPTER 6 - Conclusion
Notes