Prosperity Through Growth: Boosting Living Standards in an Age of Autocracy and AI

Description

ProsperityThrough Growth is aprimer for reviving the UK economy, co-authored by some of our finest economicminds: celebrated US economist Dr Arthur B. Laffer, inventor of the Laffercurve; policy campaigner Matthew Elliott; businessman Michael Hintze; andfounder of the Centre for Economics and Business Research Douglas McWilliams. Itbegins by setting out the principles of ideal economic policy – the ‘NorthStar’ of prosperity through growth – and applies them to the UK’s currentposition. The thinking takes account of the age of autocracy and AI, in whichpolitical decisions in democracies are constrained and talented andentrepreneurial people are increasingly mobile, making economic incentives evenmore important. Thefinal section draws on interviews with more than thirty economicdecision-makers from the worlds of business, politics and the civil service,including five Prime Ministers and nine Chancellors. The interviews giveinsights into the economic and political causes of low growth and provide astrategy for implementing a pro-growth agenda. Speciallycommissioned research shows how the UK is forecast to slide down the league tableof GDP per capita over the next twenty-five years. The book argues that such aslide is not inevitable and outlines a fully costed and modelled ’24/7 GrowthPlan’ to show how the decline can be averted.