Return to Growth

The acclaimed Return to Growth Volume One by Jon Moynihan – one of our finest economic thinkers – addressed the mystery of why growth has deserted western democracies like the UK and wrote a tough prescription to cure our economic ills. Continuing his vital examination in Volume Two, Moynihan looks at the causes of our stagnation, reminding readers of the three 'devils' that affect our ability to achieve growth – high government spending, excessive tax and regulation and too much bureaucratic interference and waste – and finding that the new UK government shows no sign of addressing them. He then isolates and delves into the three crucial 'angels' that support growth in the economy and that we urgently need to embrace – free markets, free trade and sound money. He concludes with a set of practical steps on how we can restructure our government and economy, so as to return it to the growth the UK has been so desperately lacking for the past several decades. In this powerful manifesto for economic change, Moynihan combines his extraordinary business acuity with a profound political overview, making an authoritative moral case for action, outlining the steps we can take both to reverse our decline and to avert impending economic disaster.