Dag Detter, Stefan Holster and Josh Ryan-Collins In his spending review this week, the Chancellor made clear the scale of the economic crisis facing the UK. Much discussion has followed as to the sustainability of the current spending commitments and public sector debt. Announcements of public sector pay freezes and cuts to foreign aid have […]
The public sector can generate wealth as well as debt Read More »
As government borrowing takes the ratio of public debt in Britain to national income above 100%, listen out for the alarms raised by fiscal conservatives that our profligacy is perpetuating debts that your children will have to pay
The Provident Parent’s Guide to Government Debt Read More »
The focus of economic policy should be on maintaining a high, sustainable level of employment. This is correct theoretically, practically, and socially. It counterbalances the capitalist market system’s tendency not to create a high level of employment.
Sustaining and creating employment now and post Covid Read More »
We received the sad news that our great friend and colleague John Weeks died on 26th July 2020 after increasing ill health over the last few months. John was one of the founders of PEF and coordinator of the council.
John Weeks 1941 -2020 Read More »
” John Weeks was a rigorous and progressive academic economist, committed to good economic policy and political action; at the same time he was a very kind, supportive and loyal colleague and friend”
John Weeks – Obituaries and Tributes Read More »
We have reviewed the fiscal sustainability report published by the Office for Budget Responsibility (OBR) on 14 July 2020. We believe that its approach to economics is wrong. The view it presents does not, in our opinion, help economic recovery.
The OBR approach is wrong – PEF Council letter to FT Read More »
The coronavirus pandemic has worsened inequalities and the measures taken by government, with tacit or explicit support of Labour and the TUC, have increased inequalities further.
Labour must oppose the Government’s Regressive Policies Read More »
PEF council member Guy Standing and the award winning band Massive Attack have combined to create a video supporting Universal Basic Income. Progressive economics set to music !
Massive Attack support Basic Income Read More »
The government’s ineptness in handling the health crisis will thus impact both the supply and the demand sides of the economy.
Summer Statement: Why Rishi Sunak is skating on thin ice Read More »
Sue Konzelmann writes on Boris Johnson’s Economic Recovery Plan. Focusing almost exclusively on the usual sectors – property, construction and finance – it’s likely to make an already unbalanced economy even more lopsided.
Johnson’s Economic Recovery Plan – Not much of a “New Deal” Read More »
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