Public debt is an asset (100 Policies to End Austerity)

Public debt is an asset (100 Policies to End Austerity)

100 Policies to End Austerity #6: Public debt is an asset PEF Council member Professor John Weeks explains why the public debt is no burden; in fact, we should treat it as an asset.   The 20th century American comedian Rodney Dangerfield had a catchphrase: “I don’t...
A National Investment Bank (100 Policies to End Austerity)

A National Investment Bank (100 Policies to End Austerity)

100 Policies to End Austerity #5: A National Investment Bank PEF Council member Professor Stephany Griffith-Jones outlines the need for a National Investment Bank to revitalise the UK economy. Creating a national investment bank would be key to a major reform of the...
Cancel household debt (100 Policies to End Austerity)

Cancel household debt (100 Policies to End Austerity)

100 Policies to End Austerity #4: Cancel household debt In the fourth instalment of our ‘100 Policies to End Austerity’ series, PEF Council member Dr Johnna Montgomerie presents the case for cancelling household debt.   The UK economy is based on an...
Active fiscal policy (100 Policies to End Austerity)

Active fiscal policy (100 Policies to End Austerity)

100 Policies to End Austerity #3: Active fiscal policy PEF Council member Professor John Weeks explains the importance of active, countercyclical fiscal policy for ending austerity.   The term “fiscal” comes from the Latin for “purse”. When it comes to fiscal policy –...
Universal Basic Income (100 Policies to End Austerity)

Universal Basic Income (100 Policies to End Austerity)

100 Policies to End Austerity #2: Basic Income In the second entry of our ‘100 Policies to End Austerity’ series, Professor Guy Standing outlines the case for a basic income as a progressive road out of austerity.   Accelerated by austerity’s inequities,...