Can the Bank of England do it?
Professor Jan Toporowski and Dr Jo Michell introduce their new paper for PEF, examining the scope and operations of the Bank of England’s monetary policy.
Can the Bank of England do it? Read More »
Professor Jan Toporowski and Dr Jo Michell introduce their new paper for PEF, examining the scope and operations of the Bank of England’s monetary policy.
Can the Bank of England do it? Read More »
Richard Murphy, PEF Council member, looks at the implications of a recent proposal to scrap inheritance tax entirely and outlines a progressive alternative.
Should we abolish inheritance tax? Read More »
Guy Standing, PEF Council member and Professorial Research Associate at SOAS, writes for the PEF blog on the ongoing privatisation of the National Health Service – with private contracts having now risen to £9 billion a year.
The National Health Service – Privatisation in prospect? Read More »
Professor John Weeks, PEF Council Coordinator, writes on the contributions of Karl Marx to the field of macroeconomics.
Principals of Macroeconomics: 3. Marx on Accumulation and Instability Read More »
On 2 November 2019, the Labour Party published its report on the UK finance industry and climate change, entitled ‘Finance and Climate Change: A Progressive Green Strategy’. Drawn up by a group of independent experts commissioned by the Shadow Chancellor, the review group’s work was supported by PEF.
Finance and Climate Change: A Progressive Green Finance Strategy for the UK Read More »
Richard Murphy, PEF Council Member, member of the Green New Deal Group and Director of the Corporate Accountability Network, writes for the PEF blog on the urgent need for sustainable accounting.
We need climate change accounting now Read More »
All great thinkers run the danger of misinterpretation, in part because they tend to leave their innovative ideas incomplete due to the newness of those ideas. Misinterpretation also results from more pedestrian writers using those ideas without the insights of the originator. All four economists I discuss in this series of blogs suffered from misinterpretation
This article reviews some of the issues concerning industrial policy that were aired in the interwar period. The debate needs to be revived, revisited and, where appropriate, revised to suit the present day, but on basic principles there is much to learn from the interwar discussions.
Industrial policy, then and now Read More »
PEF Council Coordinator John Weeks writes for the blog to introduce his series ‘Principals of Macroeconomics’, with this piece exploring the definitions of economics.
Principals of Macroeconomics: 1. What is Economics? Read More »
‘Over five decades the principle that capitalist economies required active, continuous management by national governments established itself as policy orthodoxy, then the consensus abruptly ended.’ PEF Council Coordinator John Weeks reminds us what Keynes taught us about managing capitalism.
Market economies require policy management: What Keynes taught us Read More »