Return to Growth - by Jon Moynihan (Hardcover)

Book Synopsis

In Return to Growth, Jon Moynihan analyses the UK's decades-long stagnant economy and looks at what can be done to resuscitate it. Combining rigorous research with unparalleled business experience, the author explores the key dynamics affecting economic growth, ranging from government borrowing and expenditure, tax and regulation to the way national resources are deployed on non-productive and futile growth-stifling endeavours. What he reveals is nothing short of a crisis in economic growth. Growth has now completely stalled in those western democracies, the UK included, where high government spending and high taxes have steadily burgeoned, decade after decade. Free market economies now threaten to leave us behind in terms of wealth, opportunity and standards of living. Moynihan shows that unless we act now to arrest the decline, by radically restructuring our economy so as to stimulate economic growth, then the UK, along with other social democratic economies, risks first stagnation, second developing financial collapse, and finally, a long-term disintegration in our standard of living.

About the Author

Jon Moynihan is a businessman and Venture Capitalist who started his career advising companies and banks in Holland, the US and the UK, as a specialist in mergers and turnarounds. He then ran the global firm PA Consulting Group for 21 years. He transitioned into venture startups, creating over 20 companies to date, most of them in the Science and Technology fields. Jon has worked as a volunteer in the charity sector all his life, from Bangla Deshi refugee camps and other work in developing countries, in the 1970s, to Educational think tanks, charities and fundraising, to the Arts sector, where among other activities he was President of the Royal Albert Hall for a number of years. Jon sits in the House of Lords as Baron Moynihan of Chelsea.