Book 5
: Contents
"LUCKY
BASTARDS OF THE 20th CENTURY
The story of the economic bomb"
Title page
Acknowledgments
Prologue
Chapter
1 Purpose and outline of the book
1.1
Introduction
1.2 The definition of the economic bomb
1.3 Purpose of the book
1.4 Purpose of each chapter
1.5 Summary of the argument of the book
Chapter
2 The nations of the economic bomb
2.1
Forgive me for these things I'll try to tell you
2.2 Three kinds of economic development
2.3 The first economic bomb
- 1938-44 United States of America
2.4 The second economic bomb
- Japan from 1946 to now
2.5
The Asian tiger cub boomers - Hong Kong,
Singapore, South Korea, Taiwan
2.6 The biggest economic bomb
- China’s
economic miracle
2.6.1 The
growth, investment and saving rates of China
2.6.2 Regional economic
disparities in China
2.6.3 The procedures for
facilitating economic development
2.6.4
The investment credit creation system in China
2.6.5 Some
long-term results
2.7 Some observations
2.8 Conclusions
Chapter
3 Conversations and discussions
during the 1970s
3.1 On the fictional nature of conversations
3.2 Factual background to discussions
in the 1970s
3.3 The modulations of Maybe
3.4 Hadrian's wall
3.5 A little deserving Hectoring
3.6 One conservative businessman’s view
3.7 Some socialist opinions
3.8 A diplomat’s viewpoint
3.9 A banker's belief
3.10 A meeting with Minerva
3.11 A parable for the 1970s
Chapter 4
The theory of the economic bomb: Part 1
4.1 Liquidity as an index of business confidence
4.2 The repayment cost of capital and industrial prosperity
4.3 Company liquidity and resulting survival times
4.4 Virtuous and vicious economic cycles
4.5 A menu of company possibilities
4.6 The banking system,
growth and inflation
4.7 Monetarism and Keynesianism and
the use of credit
4.8 The importance of local banks in producing growth
Chapter
5 Conversations and discussions
during the early 1980s
5.1
The first law of perception
5.2.1 Lord Lever of Manchester
5.2.2 The Sunday Times articles
"How
British banks fail industry"
5.2.3 The Grylls Report
5.2.4 Lectures, lunches and seminars
5.3 Sir Adrian Clementine
first meeting
5.4 First meeting with Mr Egbert Joneston
5.5 The social implications of investment credit
5.6 A visitor from the far east
5.7 On the economic bomb as the answer
to the atomic bomb
5.8 Luck and the Cuban crisis
5.9 Destruction and creation
Chapter 6
The theory of the economic bomb: Part 2
6.1 The creation of value
6.2 Three different kinds of economy
6.3 The
non role of the stock market
6.4 The stability of the price level
6.5 The economic effects of privatisation
Chapter 7
Conversations and discussions during the late 1980s
7.1 Etiquette in a Japanese restaurant
7.2 A conversation in a seaside town
7.3 A conversation with the shouting economist
7.4 A discussion in a Japanese restaurant
7.5 Japanese viewpoints
7.6 A Japanese mystery
7.7 A second meeting with Egbert Joneston
7.8 A second conversation with the shouting economist
7.9 A meeting with Hideo Mizuki
7.10 A meeting with businessmen, or, some very
large fish get fried
7.11 Lucky bastards of the United Kingdom
7.12 A conversation with a conservative
7.13 A banker's view
7.14 Dr Binks
7.15 An offer from a banker
'Give it up, old boy.'
7.16 A parable for the 21st Century
7.17 A third conversation with the shouting economist`
Chapter 8 ‑
How to make the economic bomb
8.1
The preconditions
8.2 How a country can create an economic explosion
8.3 Government action and the exchange rate
8.4 The declining productivity of investment
at high per capita income levels
8.5 National income, property values, financial assets,
the stock market and the interest rate
8.6 The Thatcherist interlude from an historical perspective
8.7 The economic backdrop to the late 1990s
8.8 Likely results
Chapter
9 ‑ Conclusions
9.1 One
political conclusion ‑ a semi‑final conversation with Clementine
9.2 A meeting with an old man ‑ "We would prefer not to!"
9.3 A conversation with a British banker
9.4 Joneston’s conclusion
9.5 A Japanese conclusion
9.6 A final conversation with Clementine
Epilogue
Acknowledgements
Postscript