PEF at the Labour Party Conference 2018
Patrick Allen
September 25, 2018
2019 General Election: Analysis of Party Manifesto Pledges
Patrick Allen
December 4, 2019
10 Years Since The Crash: Causes, Consequences and the Way Forward
Ann Pettifor
November 2, 2018
Fiscal Deficit and Public Debt too Large?
John Weeks
June 24, 2020
As Britain enters a severe recession that will lead to large fiscal deficits and growing public debt, a question presents itself — when are deficits and debt too large?
Coronavirus Borrowing and What Causes Inflation
John Weeks
June 1, 2020
Far from a problem, moderate rates of price increase signal a healthy, expanding economy.
Debt Monetization and Inflation Ideology
John Weeks
May 11, 2020
Market economies tend to generate unemployment not full employment. Real economies produce many goods and services with quite different process of price determination. Governments and central banks at most influence not determine money in circulation. Inflation is not the result of too much money. That is its consequence.
Monetization: Justification, Process and Outcomes
John Weeks
April 30, 2020
Preventing speculation and complementing fiscal policy provide strong motivations for monetization.
Coronavirus will drive public debt far higher than expected – but that doesn’t mean a return to austerity
John Weeks
April 22, 2020
To achieve sustained recovery, the government might need to have household debt partially cancelled. The chancellor’s recovery programme addresses corporate debt to some extent, by providing businesses with loans with generous payback conditions and other support.
Dealing with the health crisis: rationing and price controls
John Weeks
March 31, 2020
John Weeks argues the coronavirus outbreak requires measures including quantity rationing and price controls, alongside a rethink of UK labour market policy.
The End of Austerity Speak
John Weeks
March 30, 2020
The United Kingdom has made its first step toward ending the rhetoric of fiscal austerity, yet reactions to the budget on 11th March demonstrate how engrained the austerity ideology is in the media.
The 2020 Budget
Patrick Allen
March 27, 2020
The day following the 2020 budget, PEF interviewed five members of the PEF Council on the new budget and the changing economic direction of the United Kingdom. Here are the interviews in full.
The Prime Minister has weakened the Treasury. Progressives should be grateful
John Weeks
March 3, 2020
The Treasury has always acted as a restraining influence on elected governments. The Prime Minister’s move is good news for democracy.
Principals of Macroeconomics 5: Robinson and the Theory of Capital
John Weeks
February 10, 2020
Joan Robinson first defined the term “macroeconomics” that appears in the title of these five blogs.. If John Maynard Keynes was the “father” of modern macroeconomics, Robinson was clearly its “mother”.
