TheacclaimedReturn to GrowthVolume One by Jon Moynihan – one of our finesteconomic thinkers – addressed the mystery of why growth has deserted westerndemocracies like the UK and wrote a tough prescription to cure our economicills.Continuinghis vital examination in Volume Two, Moynihan looks at the causes of our stagnation,reminding readers of the three ‘devils’ that affect our ability to achievegrowth – high government spending, excessive tax and regulation and too muchbureaucratic interference and waste – and finding that the new UK governmentshows no sign of addressing them. He then isolates and delves into the threecrucial ‘angels’ that support growth in the economy and that we urgently needto embrace – free markets, free trade and sound money. He concludes with a setof practical steps on how we can restructure our government and economy, so asto return it to the growth the UK has been so desperately lacking for the pastseveral decades.Inthis powerful manifesto for economic change, Moynihan combines hisextraordinary business acuity with a profound political overview, making anauthoritative moral case for action, outlining the steps we can take both toreverse our decline and to avert impending economic disaster.