Michael Davies

Programe Lead at the Economic Change Unit


Michael Davies is Programme Lead at the Economic Change Unit, a non-profit organisation that seeks to amplify efforts to realise a more sustainable, just and resilient economy.

Prior to this, Michael worked as PEF's Economist and Secretary, co-authoring PEF's two publications on writing off student debt, contributing to PEF's first report and working on the launch of the website.

He was previously a researcher in Lord Robert Skidelsky’s parliamentary office, where he edited and provided research for Lord Skidelsky’s book on the history of economic thought and post-crash macroeconomic policy, and supported him across all areas of his output. Michael is originally from Blackburn, Lancashire and holds a first-class BA in Philosophy, Politics and Economics from the University of Oxford. He tweets @mchldvs.

Budget 2018: Progressive Perspectives

Since the introduction of austerity, the focus of each Budget has been on reducing the deficit and debt – to the detriment of the wider economy. In this podcast series, members of the PEF Council explore what a progressive approach to the Budget could look like.

The size of the Chancellor’s envelope: why does it matter?

Much of the Chancellor’s upcoming Budget (October 29) risks being made irrelevant by the culmination of Brexit negotiations in the following month. But we should be aware of one announcement that is likely to have a lasting impact on the shape of government spending – the size of the ‘spending envelope’

New research on austerity and Brexit, old neoliberal tricks

Engagement with the deeper reasons for Brexit is a necessary demonstration of respect for the electorate, absent from much of the pro-Brexit lobby. The attempt to undermine these efforts on grounds of being ‘patronising’ is a classic neoliberal tactic, with origins in (neoclassical) economics.

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, they remain inadequate in the face of the challenges our health service faces.

Bad economics is holding Britain back

Hammond’s deficit-reduction framework is an edifice with no grounding in economics. By ruling out borrowing for capital spending, the government will be forced to either underinvest in the UK’s future or wreak further havoc on frontline public services.

Not all debt is bad

The IMF’s Fiscal Monitor report perpetuates fictions about the dangers of government debt, while ignoring the impending private debt crisis and its link to austerity.

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