Is Sterling Devaluation the Path to Prosperity?

On December 5th, the Institute of Economic Affairs hosted a debate at our offices, asking if economist and author John Mills had the solutions to the UK’s economic problems.

At the heart of John’s plan is a proposal to lift the share of manufacturing and investment by engineering a substantial fall in the exchange rate. On the other side of the debate was the IEA’s chief economist Julian Jessop, arguing that deregulation and lower tax rates were the best way to stimulate economic growth.

Both John and Julian join IEA news editor Kate Andrews for today’s podcast, as they go over the main points made during the debate, and go into further detail in areas of disagreement and consensus.

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