Jon Moynihan discusses with Ivan six things which should be better known.

Jon Moynihan is a businessman and venture capitalist who started his career advising companies and banks in the Netherlands, the US and the UK as a specialist in mergers and turnarounds. He then ran the global firm PA Consulting Group for 21 years. He subsequently transitioned into venture startups, creating over 20 companies to date, most of them in the science and technology fields. Jon has worked as a volunteer in the charity sector all his life, including in Bangladeshi refugee camps and other developing countries, in educational think tanks, both managing and fundraising for charities, more recently in the arts sector where, among other activities, he was president of the Royal Albert Hall for a number of years. Jon sits in the House of Lords as Baron Moynihan of Chelsea. His new book is Return to Growth: How to Fix the Economy, available at https://uk.bookshop.org/p/books/return-to-growth-jon-moynihan/7711930?ean=9781785909030.

1. Most of the economies of the world continue to grow: but not the Social Democracies, especially in Europe.
2. It’s incontrovertible that too-large government results in flattened growth.
3. People in the UK are on average earning some 5 per cent less than they were 17 years ago.
4. If you spend more than the OECD average on Education, as the UK does, the extra spend doesn’t improve educational outcomes.
5. The UK, compared with just about every other developed economy was far more incontinent on its spending during Covid.
6. The impact of China’s one-child policy is that by the year 2100, the threat of China will have receded. It will be dominated by its elderly, and its population will be half that of India’s.

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