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“The Green New Deal is being championed in the USA as a solution to the joint problems of climate change and economic inequality. But what exactly is it, and what is its wider significance?”
“The persistence of austerity as an idea and a policy therefore owes far more to human emotions – or, as Keynes branded them, “animal spirits” – than it does to sound economics.”
“Despite the multiplier’s effect on the change in real GDP being relatively straight-forward to calculate – once you know what it is – arriving at an accurate estimate of the current multiplier is very difficult; and forecasting it borders on the impossible.”
“If we are to survive earth systems breakdown, then we must begin by transforming the Treasury and by removing the politicians that threaten the futures of today’s younger generations.”
Scratch below the surface and recent unemployment statistics appear to be less favourable than you might have heard.
94 academics and representatives of civil society organisations call for Mark Carney’s successor to be someone who will foster a pluralistic policymaking culture.
Like all great thinkers Keynes offered insights in many areas of macroeconomics. His basic macroeconomic framework provides us with the tools to investigate the overall impact of austerity.
In the face of technological change, we need ends that are more compelling than merely wanting more and more products and services.
Labour’s policy for buses is a key part of reversing the impact of neoliberalism on transport since the 1980s.
We all have a right to food. The UK Government commits to this right on the international stage, but its own food system is failing.
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