Deregulation
Ann Pettifor: The Sudden Paralysis of the System
Messing with a Marvellously Intricate and Fragile Global Financial System Read Here With acknowledgement to the artist, Daniel Agdag
Ann Pettifor
Economics
Ann Pettifor: Grain Inflation – Starve the Poor, Feed the Rich
In a world of financialised globalisation, prices of food are not determined by the simplistic laws of supply and demand. Prices are determined by a wall of money wielded by relatively few, invisible speculators and […]
Economics
Ann Pettifor: Paul Volcker didn’t save the economy. He trashed it.
When people look back at 1970s inflation, they miss the real story. Read Here
Economics
Ann Pettifor: Central bankers, inflation “cousins” & the real threat to the global economy
“Kaye Wiggins in the Financial Times explains that private equity groups, including Blackrock, deliberately inflate the value of their own assets – by buying and then selling said assets to themselves. She shows that the […]
Economics
Ann Pettifor – The UK’s new finance bill could cause another financial meltdown
In the midst of a cost of living crisis, finance should work for everyday citizens, not the City of London and huge corporations Ann Pettifor is a director of Policy Research in Macroeconomics (PRIME) Cross-posted […]
Economics
Prime – Ann Pettifor: Rentier capitalism is profoundly risk-averse
21st century capitalism bears little resemblance to the capitalism that fired the Industrial Revolution, or indeed to the more recent Thatcher/Reagan model of capitalism. Key sectors of today’s new hyper-capitalism are profoundly risk averse. Read […]
Climate Crisis
Steve Keen, Ann Pettifor, Peter Bofinger – A clash of paradigms: update on discussion of Steve’s The New Economics Manifesto
Well that was a fun. This was supposed to be a discussion of my new book The New Economics: A Manifesto. It was that, but it also turned into a slanging match between myself […]
Climate Crisis
Visionary realism: A green future beyond capitalism – Yanis Varoufakis, Ann Pettifor & Noam Chomsky
“There is no alternative”, “it’s the end of history” in the shadow of the 2008 crash, the environmental crisis and ongoing COVID19 pandemic, never has the hubris of these words been more striking. Nevertheless if […]
Economics
Ann Pettifor: Reclaiming Central Banks
Fifty years ago, a US president closed the gold window, ended capital controls, and launched a new era of globalized finance. The “Nixon Shock” reshaped the international monetary system overnight, and then gradually changed the […]
Austerity
Ann Pettifor – Why does economics matter?
Ann Pettifor – British economist, thinker, advisor and Director of Policy Research In Macroeconomics (PRIME), a network of economists researching Keynesian monetary theory and policies. Ann Pettifor advises government and non-governmental organisations alike. Her work […]