In February 2018, Jeremy Corbyn accused bankers of taking the economy hostage, and said in a speech that Britain’s financial sector will be “the servant of industry not the masters of all” if the Labour […]
This all sounds frightfully familiar. It is a problem that currently extends through much of Europe. Read here
Ann Pettifor and Sirio Canos Donnay … Reflecting on the polarisation between the right and left which has opened up in European politics since the financial crisis this podcast discusses the neoliberal conundrum: if the […]
According to Pettifor Global bankers and financiers are to blame for the rise of populist and fascist political parties after the Great Financial Crisis and are already leading us to the next financial disaster. Ann […]
They have the jobs, they have the money, they have the political backing. Why should neo-classical economists want to change anything? Ann Pettifor – Economist, director of Policy Research in Macroeconomics (PRIME) – Author of […]
Central Banks have discovered that they have little idea of what is occuring in the economies they are supposed to be guiding. Using economic models that do not function makes it almost impossible to guride […]
The ex-chancellor rejoices as his target is finally hit, but austerity has taken a terrible toll Read here
No. There are a number of misconceptions of how state finances function. In this piece Ann Pettifor adresses one of these: why taxes are not used for spending. Ann Pettifor – Economist, director of Policy […]
Sky.rocketing house prices have nothing to do with a shortage of housing. It is the result of speculation. To make matters worse, property has become financialised, thus converting it from a place to live and […]
There is no shortage of housing in Britain. There is however speculation, which is driving prices up, resulting in empty housing. Read here
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