Managing the World Economy [Hardcover]

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.Preface Foreword Introduction Economic Growth The Industrial Revolution International Turmoil, 1914-1945 Post World War II The Monetarist Era Unemployment Inflation The Future Bibliography IndexJOHN 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.