Progressive Economy Blog

Response to Theresa May’s NHS speech

This afternoon, Prime Minister Theresa May announced increases to NHS funding in her speech at the Royal Free Hospital in London. While the proposed spending increases are to be welcomed, Michael Davies argues that they remain inadequate in the face of the challenges...

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The crisis of the debt economy and the end of austerity

  The following is a transcript of Dr. Johnna Montgomerie's speech at the launch of the Progressive Economy Forum, in which she discusses the intimate link between 'public' and 'private' debt and its implications for the debate around austerity. Ten years on from the...

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The goals of economic policy

  Our current economic policy framework leaves a vacuum of responsibility for delivering an economy in which people can flourish. In response, Professor Richard Murphy outlines an alternative set of goals for economic policy. I have argued of late that monetarism is...

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What might a progressive economy look like?

A progressive economy might seem like a pipe dream, but is it achievable? Professor Danny Dorling explains. The future is another place a long way away. Look forward one hundred years; what do you see? We will hopefully be better housed, schooled, and employed, but...

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The Progressive Economy Forum – why now?

  Patrick Allen explains why he founded the Progressive Economy Forum I have spent the last 40 years as a solicitor in private practice building up a law firm, so you might wonder why I am choosing to create an economics forum and why now. There is a common theme. I...

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How do we create a progressive economy?

  A progressive majority can make great strides in changing society, argues Professor John Weeks Creating a progressive British economy, an economic system fit for human life, requires at the least four fundamental reforms, whose purpose would be to restrict severely...

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Bad economics is holding Britain back

  Writing ahead of the Chancellor's Spring Statement, CLASS economist Michael Davies urges him to ditch austerity. Later today the Chancellor will no doubt take great pleasure in announcing a surplus on the government’s budget for current spending. Indeed, the...

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Not all debt is bad

  Not all debt is bad. Government debt can be good for the economy, says Michael Davies. Last month the International Monetary Fund (IMF) released their first Fiscal Monitor of the year – a document surveying and analysing the latest public finance developments as...

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What is a progressive economy?

  The economy needs to be decoupled from corporate interests, argues Dr Faiza Shaheen What is a progressive economy? The first three words that come to mind when I think about a progressive economy are: equality, green and community. Many of us would include this...

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