JOHN MILLS is an economist who has spent all his working 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. He is currently responsible for the budget of a major London borough. He has written on his own, or with others, six books and many pamphlets and articles on economics and related subjects.

• Preface Foreword Introduction Economic Growth The Industrial Revolution International Turmoil, 1914-1945 Post World War II The Monetarist Era Unemployment Inflation The Future Bibliography Index

'John Mills's excellent new book.' - Will Podmore, Morning Star 'Managing the World Economy is a provocative and intelligent book, which ought to be read by anyone interested in international, commercial or fiscal affairs...this is the best-written business book I have read all year.' - D.J. Taylor, Sunday Times 'John Mills is a brilliant economist...So good, he should be in government showing Gordon Brown how it should be done.' - Austin Mitchell, Labour MP 'Mills is a warrior championing the Keynesian cause in a rear guard action against the ascendancy of the decadent monetarists. He roots out his opponents in Britain and in Europe, in America and Japan and backs it all up with justifiable claims on the benefits of faster economic growth, the dangers of low growth over an extended period and the failure of alternative economic systems.' - Jim Bourlet, Secretary of the Economic Research Council