||2 of 2 people found the following review helpful.| Excellent case for devaluing the pound|By William Podmore|This is a major new work by one of our best economists. He urges us to focus on rebuilding manufacturing industry, to escape `the vicious circle of import-led stagnation' and to reject TINA fatalism. Competitive pricing is vital. Between 1952 and 1979, Japan's export prices rose by just 33 per cent, Britain's by 38|About the Author|JOHN MILLS is an Economist who has spent all of his working life running companies involved in making and selling consumer products. He combines a theoretical background in academic economics with years of practical experience both in internati
This book calls for a radical reappraisal of economic policy in the UK. It argues that a much lower exchange rate is needed to re-establish sufficient manufacturing capacity to enable Britain to pay its way in the world. Mills makes the case for the removal of balance of payments constraints to achieve growth and avoid endless austerity.
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You can specify the type of files you want, for your device.Exchange Rate Alignments | J. Mills.Not only was the story interesting, engaging and relatable, it also teaches lessons.
