Douglas McWilliams – författare

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.

In his illuminating new book, Douglas McWilliams argues that inequality is largely driven not by a conspiracy of the rich, as Thomas Piketty suggests, but by technology and globalization that have led to the paradox of rising inequality even as worldwide poverty drops. But what are the implications of this seeming contradiction, and what ultimately drives the global distribution of wealth? What can societies do to reshape capitalism for the 21st century? Drawing on the latest research, McWilliams investigates how wealth is concentrated and why it persistently remains in the hands of very few. In accessible and thought-provoking prose, McWilliams poses a comprehensive theory on why capitalism has not met its match in the form of increasingly disparate income distribution, but warns of the coming wave of technological development—the fourth industrial revolution—that threatens to create a scarcity of unskilled jobs that will lead to even greater inequality and explains what governments can do to prepare for this.From the inquisitive layperson to the professional economist or policymaker, The Inequality Paradox is essential reading for understanding the global economy in its present state. McWilliams is a fresh, authoritative voice entering the global discussion, making this book indispensable in preparing for the imminent economic challenges of our changing world.