Bidenomics: the economic strategy of the Joe Biden administration
James Meadway
July 5, 2021
The economic mainstream is getting inflation wrong
James Meadway
January 19, 2022
The UK’s official inflation rate has hit 4.8%, up on the previous month and its highest rate since September 2008. Driving the rate are big increases, over the year, in
Shots at redemption, or cartoons in a cartoon graveyard?
James Meadway
November 25, 2021
Both Boris Johnson and Keir Starmer chose to address the Confederation of British Industry conference this week. But far more interesting than the party leaders’ paeans to profit or to
Inflation is here to stay, but not for the reasons you think – a response to Martin Wolf
James Meadway
November 19, 2021
Latest inflation figures from the Office for National Statistics put average price rises in the 12 months to September at 4.2%, its highest rate of growth since November 2011. Back
Bank of England holds rate steady, more pessmistic about the future
James Meadway
November 4, 2021
Good news as the Bank of England’s Monetary Policy Committee (MPC) voted to once again hold its base rate steady at 0.1%. This comes a day after the US Federal
New Bank of England chief economist interviewed, and it’s not good
James Meadway
October 25, 2021
The Bank of England’s new chief economist, Huw Pill, gave his first interview in the job to the Financial Times a few days ago. It will do little to confirm
Inflation, interest rates, locusts
James Meadway
October 20, 2021
The UK’s official measure of inflation, the Office for National Statistics’ Consumer Price Index (CPI) came in slightly lower than widely anticipated, falling from 3.0% in August to 2.9% in
Worker ownership in post-Brexit Britain
James Meadway
September 13, 2021
An interesting debate was opened by Labour’s MP for Neath, Christina Rees, in Parliament’s Westminster Hall last week on Italy’s “Marcora Law”. This is the legislation introduced there in 1985
Social care and the Tories’ raid on paypackets
James Meadway
September 6, 2021
The Conservative government looks set to announce that it will be introducing a rise in National Insurance Contributions of up to 1.25 percent on Tuesday this week. The intention is
New PEF publication – guide to Joe Biden’s economic programme
James Meadway
June 30, 2021
The Progressive Economy Forum is today publishing a detailed new guide to the economic programme of the Joe Biden administration. In less than six months since his inauguration as US
OECD forecasts uneven recovery but massive global vaccination drive needed
James Meadway
June 1, 2021
The OECD’s latest Economic Outlook offers a comparatively rosy picture for any recovery from covid as public health conditions continue to dominate the economy. With highly effective vaccines now rolling
