Managing the World Economy

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.

'John Mills's excellent new book.' - Will Podmore, Morning Star 'Managing the World Economy is a provocative and intelligent book, which ought to be read by anyone interested in international, commercial or fiscal affairs...this is the best-written business book I have read all year.' - D.J. Taylor, Sunday Times 'John Mills is a brilliant economist...So good, he should be in government showing Gordon Brown how it should be done.' - Austin Mitchell, Labour MP 'Mills is a warrior championing the Keynesian cause in a rear guard action against the ascendancy of the decadent monetarists. He roots out his opponents in Britain and in Europe, in America and Japan and backs it all up with justifiable claims on the benefits of faster economic growth, the dangers of low growth over an extended period and the failure of alternative economic systems.' - Jim Bourlet, Secretary of the Economic Research Council

JOHN MILLS is an economist who has spent all his working life running companies involved in making and selling consumer products. He thus combines a theoretical background in economics with years of practical experience in international business. He is currently responsible for the budget of a major London borough. He has written on his own, or with others, six books and many pamphlets and articles on economics and related subjects.