1. Introduction Part One: Times future? 2. Health 2055 -Promise and reality: how the NHS failed people -The political economy of health rationing -Tiptoeing back to market -A real market -Questioning the role of the state -Rise of the therapeutic state 3. Education reclaimed -A dream of education without state -Three principles -The end of ''school'' -Education for its own sake -The journey 4. Policing a liberal society -The growth of crime -Better policing -Exploding myths -Successful ways of preventing crime -Applying these lessons to the UK -Major institutional change 5. Pension provision in 2055 -State involvement in pensions -Time to move on -The difficulty of moving on -The minimal state in pension provision -A more pragmatic approach -Transition arrangements 6. Social security in a free society -The safety net -The alternative -Policy options for people out of work -Policy options for those in work on low pay -Provision for old age 7. Limits on the tax burden -What is the limit of the tax burden? -Unsustainability of very high tax rates -Tax policy over the coming generations 8.
Britain''s Relationship with the European Union -Agricultural protectionism -Manufacturing protectionism -Services: a regime of internal protectionism -Harmonisation -The EU pensions crisis -What should the UK do? 9. Regulating the labour market -Increasing regulation -Freedom of contract? -What does regulation do? -The impact on the economy as a whole -Employment regualation in the long term 10 Free trade: the next 50 years -Taking stock: the case for free trade, past and present -Taking stock: free trade in practice -Looking ahead: world political-economic trends -Looking ahead: making the case for free trade 11. Competition in land use planning: an agenda for the twenty-first century -The case for markets in land use planning -Private land use planning: past, present and future -A liberal utopia 12. Beyond Kyoto: real solutions to greenhouse emissions from developing countries -Economics, energy and emissions -Energy use and economic growth in develping countries -Choice of technology in developing countries -Economic freedom, market imperfections and greenhouse gas emissions -Impediments to efficient energy use in particular countries -Policy implications 13. The environment in 2055 -Benefits, risks and trade-offs -Private regulation: so safe and bright future -Over-fishing and individual transferable quotas -Privatisation and conservation -The decline of natural disasters -The last 50 years 14. Capitalism -Capitalism yesterday and today -Capitalism tomorrow -Economic progress and individual freedom 15. A constitution for liberty -A written, codified constitution -Constitutional limits on government -Inter-jurisdictional competition: national, regional and local government -Separation of powers and a constitutional court -A constitutional monarchy -The Houses of parliament 16. The Hayekian future of economic methodology -The Hayekian challenge to twentieth-century economics -Hayek, complexity and knowledge -Bounded rationality and imperfect information: the real world of markets -Hayek, Vernon Smith and the future of 21st-century economics Part 2: Times Past -In the wake of Keynes - and Hayek -Harris and Seldon begin the fight back -The genius of Arthur Seldon -Recruiting among the awkward squad -And the world said.
18. Playing the fool with inflation -Full employment at any price -Earlier monetary instruction -Friedman enters the fray -How much employment? -Hayek''s competing currencies 19. Now for ''planning'' -On to ''growthmanship'' -Behold: the national plan -Does planning¿never work? -.even in France -Not forgetting free trade -The verdict on planning 20. Market versus state -Incorrigible socialism -What about the unions? -Why not welfare? -Public choice 21. Behind enemy lines -Cool reception -Planning again -Enter bete noir Shonfield -Et tu, William -Keep smiling -Honourable defeat -Valediction.