America's Soluble Problems

Description

This work, while recognizing the many successes of the US economy, analyzes 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?. The author argues that they are not, and that entirely achievable changes in macroeconomic policy could transform the prospects for the US economy and for most American citizens.

JOHN MILLS is an economist by training, who has spent all his 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, much of it in the USA. He has been involved in local government in Britain as an elected member since 1971. He has published/co-published many pamphlets, tracts and articles on economics and related subjects. His most recent books are Europe's Economic Dilemma and Tackling Britain's False Economy.

'Analysing the performance of the American economy over recent years, he demonstrates the damage done by allowing the exchange rate to become overvalued, pricing exporters out of world markets and domestic producers out of home markets. Although this latest book from Mills focuses on America, it still includes background discussion on economic issues that have a far more general relevance.' - Camden New Journal