Listening to politicians, one would think that the mechanism of capitalism has failed. They tell us that the solutions lie in their hands: more debt, banking-regulation, and 'oversight'. But are they telling us everything they know? The Economics of Success makes for uncomfortable reading for politicians who like to lull people into a false sense of security, and for regulators who like to please their political masters. It focuses on twelve truths on which the success of our economic system is based. Our government likes to lecture developing nations on the cornerstones of prosperity, but appears ignorant when talking to its own electorate. Here the misleading spin is exposed incisively with up-to-date facts and figures. In addition real economic solutions are put forward - showing how we, too, can benefit from the world's rising tide of prosperity.
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Eamonn Butler is co-head of the London-based Adam Smith Institute, one of the world's foremost free-market think tanks. He writes for the Times, Daily Telegraph, Guardian, Independent, and other publications. He lives in Cambridge and previously published the bestelling The Rotten State of Britain.
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