Reproduced with thanks to Civitas, in this 2012 pamphlet John Mills sets out the case for devaluation as the best means of returning the British economy to balance and prosperity. It is published here in full, except for tables and footnotes, as part of OurKingdom's new series - Devalue or Else!
With a troubled future ahead for the UK, could devaluation hold the key to a more balanced and productive economy? Throwing up a range of political and economic questions beyond the tired dichotomy of austerity vs Keynesian stimulus, the debate will shed fresh light on the UK's economic position a
