It is necessary to point to the Fed’s actions to understand tremors in world markets, but central bankers should never have been held solely responsible for the restoration of macroeconomic stability Read here
Besides banks and the wealthy, no one is going to benefit by this, not to mention that many Britons are currently in a very precarious financial situation due to stagnant wages. Read here
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 […]
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