John Mills

John Mills

Why is the UK’s growth rate so low and how can we solve the problem?

‘Our biggest political and economic challenge is not Brexit. It is the fact that our growth rate has slowed to a crawl’

“The UK has had an overvalued currency since monetarism became the fashion in the 1970s”

‘Can some synthesis between the idealism of the Corbyn camp and the pragmatism of Labour’s moderate wing produce a winning combination?’

“Because no one is talking about the exchange rate, we are in danger of locking ourselves into entirely pointless and unnecessary austerity”

‘Why have many people who support the idea of local property taxation come out against the mansion tax?’

‘There is a much better way of reducing the deficit than austerity: get the economy to grow’

“Most people in the West still cling to the view that freedom generates economic growth—but what happens if this is demonstrably no longer the case?”

The root problem with the UK economy is that neither investment generally nor manufacturing in particular are profitable