
Fiscal tightening – prevention is better than cure
“The persistence of austerity as an idea and a policy therefore owes far more to human emotions – or, as Keynes branded them, “animal spirits” – than it does to sound economics.”
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Guest Authors
“The persistence of austerity as an idea and a policy therefore owes far more to human emotions – or, as Keynes branded them, “animal spirits” – than it does to sound economics.”
“Despite the multiplier’s effect on the change in real GDP being relatively straight-forward to calculate – once you know what it is – arriving at an accurate estimate of the current multiplier is very difficult; and forecasting it borders on the impossible.”
Like all great thinkers Keynes offered insights in many areas of macroeconomics. His basic macroeconomic framework provides us with the tools to investigate the overall impact of austerity.
We all have a right to food. The UK Government commits to this right on the international stage, but its own food system is failing.
A critique of the Financial Times’ analysis of the ‘UK’s low savings rate’. Austerity and financialisation, not profligate shoppers, are to blame.
The Director of Fair By Design, writes on the necessity of abolishing the poverty premium for PEF’s 100 Policies to End Austerity series.
What would it mean to reverse austerity – for the NHS, for education, for local government?
To move away from debt-dependent growth and escape the ‘boom, bust, bailout, austerity’ cycle, we need to cultivate our powers of economic storytelling.
The author of The New Enclosure writes on the case to end the privatisation of public land for PEF’s 100 Policies to End Austerity series.
Radical tax reform is a prerequisite for making the economy work better for the whole country. The authors of The Spirit Level and the Inner Level write for PEF’s 100 Policies to End Austerity series.
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