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Joan Robinson first defined the term “macroeconomics” that appears in the title of these five blogs.. If John Maynard Keynes was the “father” of modern macroeconomics, Robinson was clearly its “mother”.
PEF’s Council Coordinator summarises the argument of his latest work, The Debt Delusion, confronting the household budget fallacy that has been used to rationalise a decade of needless austerity.
As part four in the series, PEF Council Coordinator John Weeks writes on John Maynard Keynes’ vital contribution to macroeconomics.
Guy Standing argues economic growth is a poor indicator of social progress, dependent on the exploitation of nature and the use of vast amounts of energy. Instead, Standing calls for a renewal of progress in the Enlightenment sense.
The NHS represents the clearest and most radical example of collective provision, that citizens together could provide a public service more equitably, more efficiently and effectively than private provision. John Weeks argues this principle is essential to an open and inclusive democracy.
“Come the new year, we will have yet another new government, which will be faced – amongst other things – with the consequences of a decade’s worth of cuts to services that, one way or another, the majority of us rely on.”
The crisis in the fishing industry has little to do with the Common Fisheries Policy, which the UK has done well from – instead the industry suffers from overfishing.
Guy Standing, PEF Council member and Professorial Resarch Associate, SOAS, examines the parties’ policies on Universal Credit.
Richard Murphy, PEF Council member and member of the Green New Deal Group, weighs up the various party’s tax pledges in the General Election.
Professor Stephany Griffith-Jones and Dr Natalya Naqvi, write for the blog on the parties’ election pledges on National Investment Banks, making the case that such institutions ought to be pivotal in greening the economy.
John Weeks, Coordinator of the PEF Council and Emeritus Professor of Economics, SOAS, writes for the PEF blog on the parties’ fiscal policies.
On Wednesday 27th November, PEF will host a workshop examining the economic policies in parties’ manifestos and the costings. The workshop will offer measured economic analysis by experts on specific policy areas.
Richard Murphy, PEF Council member, explains why raising the national insurance contributions threshold will write millions out of our pensions system.
PEF Council coordinator John Weeks on the economic thinking at the IFS. Cross-posted from Open Democracy.
This letter from 13 PEF Council members, on the prospect of free, publicly-owned broadband, was published in the Guardian.
“There is a growing feeling, among those who have the responsibility of managing large economies, that the discipline of economics is no longer fit for purpose. It is beginning to look like a science designed to solve problems that no longer exist.”
Brave New Europe’s Matthew D. Rose, reviews PEF Council Coordinator John Weeks’ new book The Debt Delusion.
Guy Standing, PEF Council member and Honarary Co-President of Basic Income Earth Network, writes on the rising authoritarianism bred by rentier capitalism and the need to re-embed the economy in society.
Richard Murphy, PEF Council Member and member of the Green New Deal Group argues that Labour’s commitments to a £250bn “green transformation fund” is fiscally responsible.
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.
Richard Murphy, PEF Council member, looks at the implications of a recent proposal to scrap inheritance tax entirely and outlines a progressive alternative.
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.
Professor John Weeks, PEF Council Coordinator, writes on the contributions of Karl Marx to the field of macroeconomics.
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.
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