Prosperity Through Growth: Boosting Living Standards in an Age of Autocracy and AI
About this ebook
The thinking takes account of the 'Age of Autocracy and AI', where political decisions in democracies are constrained, and talented and entrepreneurial people are increasingly mobile, making economic incentives even more important.
The final section of the book draws on interviews with thirty-five economic decision makers from the worlds of business, politics and the civil service, including five Prime Ministers and nine Chancellors. The interviews give insights on the economic and political causes of low growth and recommend a strategy for implementing a pro-growth agenda.
Specially commissioned research for the book shows how the UK is forecast to slide down the league table of GDP per capita over the next twenty-five years. The book argues that such a slide is not inevitable and outlines a fully costed and modelled '24/7 Growth Plan' to show how the decline can be averted.
The book will be published before the UK's Autumn Budget, where the Chancellor is likely to be forced to make difficult choices, hemmed in by past commitments, unsupportive backbenchers and financial markets which are starting to scent blood. Its timing couldn't be more appropriate.
About the author
Dr Arthur B. Laffer, founder of Laffer Associates, is known as ‘The Father of Supply-Side Economics’. He advised both President Reagan and Prime Minister Thatcher on fiscal policy. In 1999, Time named him one of ‘the Century’s Greatest Minds’ for creating the Laffer curve. He received the Presidential Medal of Freedom in 2019, the highest civilian honour awarded by the United States, for his contributions to economics.
Matthew Elliott is one of the UK’s foremost public policy thinkers, having set up numerous policy campaigns, including the TaxPayers’ Alliance in 2003. He has overseen two successful national referendum campaigns and convened two influential policy commissions. Lord Elliott is currently the co-founder and president of the Jobs Foundation, a charity which champions the role of business as a force for good.
Michael Hintze is a financier and businessman. He held senior positions in CSFB, Goldman Sachs and Salomon Brothers before founding CQS Investment Management and Deltroit Asset Management. He also served as an officer in the Australian Army. Lord Hintze’s philanthropy spans the arts, religious charities, military charities and education.
Before setting up the Centre for Economics and Business Research, Douglas McWilliams was chief economic adviser to the CBI and chief economist for IBM UK. While running CEBR, he was also the Gresham Professor of Commerce. His best-known books are The Flat White Economy, about the emerging UK tech economy, and The Inequality Paradox, which refutes Thomas Piketty’s theory of exploitation.
