The book analyses the failings of the British economy over the last two hundred years. It concludes that the main cause of its relatively poor performance has been inappropriate monetary and exchange rate policies. The damage these have done, especially to British manufacturing, has made the whole economy uncompetitive. Based on this analysis, the book then sets out an economic strategy designed to achieve much faster economic growth and a return to full employment, while containing inflation at acceptably low levels.

This edited collection explores the future options for the UK regarding its relationship with the European Union (EU). Since Britain applied for membership in 1961, the nature of the relationship between the UK and the EU has been central to economic and political debate, being widely perceived as ‘inevitable', because withdrawal from the process would leave Britain isolated and largely powerless. However, this book challenges this presumption by illustrating that it could be in Britain's long-term interest to seek positive and plausible global policy options if it were to be released from the rigidities and constraints imposed by aspects of EU membership (e.g. economic policy, agriculture and fisheries, trade relations, taxation policy, labour relations, social policy, human rights and civil liberties, foreign policy, sovereignty and national identity) Britain might benefit from a looser relationship. Hence, the effective choice Britain possesses is between an essentially European future or a comprehensive global strategy.

In this book addressed to industrialists as well as those in political life and the civil service, there is considered the internal financing of the Third World, environmental issues, and changes which need to be achieved in broadening responsibility in the business enterprise for the sake of both employees and the wider community.

This book survey Britain ́s foreign policy since 1870. Conventional accounts stress the rulers ́ benevolent rhetoric: I present the evidence that refutes this superficial, liberal view. Britain ́s economy is the key to understanding its foreign policy: capitalism causes a conflict-ridden foreign policy. The rulers ́ focus has been on seizing profits from abroad, for which they have sacrificed the welfare of the British people. British governments - Conservative, Liberal and Labour alike - have represented the tiny minority who own the means of production, and have opposed the great majority who have to work for a living. The ruling class ́s external focus has also damaged relations with other countries and helped to produce the two recurring types of war - wars between rival empires and wars against national liberation.

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.

Provides an analysis of the relationship between the UK and the EU, treating the key overarching issues in the 1975 referendum and looking ahead to the prospect (eventually) of further referendums on the subjects of EMU and a European constitution.

John Mills provides a critical survey of the way economics has developed. He argues that the main goal of economics ought to be to show how to achieve a combination of economic growth, full employment, low inflation, avoidance of extreme poverty and sustainability. That it has failed to do so is neither inevitable nor accidental. It has failed because of a combination of intellectual error and the effects of social and political pressure, which Mills claims could and should have been avoided.

This is Robert Corfe's third book on the socio-economic philosophy of New Socialism. Whilst in the earlier books he laid down the theoretical foundations for New Socialist economic thinking and formulated a terminology in advancing ideas for a better world, in this book he concentrates on practical proposals for ensuring an efficient financial-industrial infrastructure which correlates also with a fair society.

America's Soluble Problems , while recognising the many successes of the US economy, analyses its well known problems with a fresh new approach. Are slow growth, stagnant living standards for many, increasing poverty for those worst off, the hollowing out of much US manufacturing, balance of payments and fiscal deficits, all inevitable? America's Soluble Problems argues that they are not, and that entirely achievable changes in macro - economic policy could transform the prospects for the US economy and for most American citizens.

Richard Layard is one of Britain's foremost applied economists, whose work has had a profound impact on the policy debate in Britain and abroad. This book contains his most influential articles on the subject of unemployment. It is published along with a companion volume Inequality , which deals with these topics and with economic transition. Unemployment explains what causes unemployment and proposes remedies to reduce it. There is a strong focus on how unemployed people are treated and how this affects unemployment - including Layard's well-known recommendation of a job-guarantee for long term unemployed people. Other key topics covered are the effect of unions and wage bargaining, the effect of low skill, and the possible role of rigid employment laws. The book opens with Richard Layard's personal credo Why I became an Economist .