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PEF Council member Robert Skidelsky advocates federal job guarantees and ‘compensated free trade’ to avoid inflation in the Biden plan
The paper outlines the case for fiscal policy to regain a permanent status of primacy in modern macroeconomic management, beyond the pandemic emergency and makes the case for public job programmes
see films clips of authors introducing their chapters in PEF’s book , The Return of the State
see film clips of PEF Council members explaining the purpose of PEF’s new book, The Return of the State
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
Early reports suggest that the reopening of indoor hospitality in England has driven a hiring surge as employers try to meet the expected demand across the sector. Job search website
UK government figures out today show a 1.5% shrinking in the size of the economy in the first three months of the year – huge by pre-covid standards, but better
In the past few months, a global campaign has grown in favour of suspending the IP protection for Covid vaccines during the pandemic. Over 100 countries have joined the campaign, with a prominent role played by India. At the beginning of May, the Biden Administration backed it, reversing the Trump administration’s opposition. Sadly, the British government has been one of the few rigidly opposing the idea of a waiver.
We had an exceptional public health emergency to deal with and, like other national emergencies, such as the Second World War, we simply had to spend the money to deal with it. Just as we didn’t panic about repaying the debt as fast as possible after WW2, instead building the NHS and the welfare state, so today we shouldn’t be panicking about it, either
No economist should have been remotely surprised by the announcement of the European Super League. Its ignominious collapse could mark the beginning of a long-needed onslaught on the economic model on which it was based.
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