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
Pettifor doubts that the Bank of England had any good reasons to increase interest rates – other than to serve the financial interests in the City of London. Ann Pettifor is an Economist, director of […]
Book Review by David Shirreff Ann Pettifor has good credentials: she was one of the few economists to spot the coming credit bubble in the developed world before 2007. Most colleagues had thought the financial […]
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