
Dealing with the health crisis: rationing and price controls
John Weeks argues the coronavirus outbreak requires measures including quantity rationing and price controls, alongside a rethink of UK labour market policy.
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John Weeks argues the coronavirus outbreak requires measures including quantity rationing and price controls, alongside a rethink of UK labour market policy.
Carolina Alves and Farwa Sial discuss the efficiency of the UK’s economic response to the COVID-19 crisis and explain why it does not directly support households but companies
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 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.
Guy Standing writes for the PEF blog, arguing that the government’s Job Retention Scheme is a poor and inegalitarian alternative to a basic income.
UK household debt hit an all-time high before the Coronavirus. Now it’s the next crisis the government has to tackle – and only a suspension of repayments will do.
We welcome the government’s new measures to support workers, particularly the introduction of grants for wage support. But despite the scale of these spending commitments, there is a real danger that millions of workers will not feel their benefit.
A global economic crisis has been waiting to happen for several years, now Coronavirus is triggering that crisis. PEF Council member Guy Standing makes the case for introducing a Basic Income as a first step toward dealing with the pandemic.
This week a number of PEF Council members alongside figures from across economics, environmentalism and other fields signed this open letter to the governor of the Bank of England. The letter can be read here.
The Treasury has always acted as a restraining influence on elected governments. The Prime Minister’s move is good news for democracy.
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