Summer Statement: Why Rishi Sunak is skating on thin ice
Robert Skidelsky
July 10, 2020
The government’s ineptness in handling the health crisis will thus impact both the supply and the demand sides of the economy.
Archive
Tag: Economic activity
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Johnson’s Economic Recovery Plan – Not much of a “New Deal”
Sue Konzelmann
July 10, 2020
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.
Coronavirus Borrowing and What Causes Inflation
John Weeks
June 1, 2020
Far from a problem, moderate rates of price increase signal a healthy, expanding economy.
Debt Monetization and Inflation Ideology
John Weeks
May 11, 2020
Market economies tend to generate unemployment not full employment. Real economies produce many goods and services with quite different process of price determination. Governments and central banks at most influence not determine money in circulation. Inflation is not the result of too much money. That is its consequence.
Urgent measures needed for the international financial system
Stephany Griffith-Jones
May 4, 2020
The International Monetary Fund (IMF) should agree a rapid issuance of at least $500bn in international liquidity, in the form of additional Special Drawing Rights (SDRs)
A Financial Revolution is Needed – in Weeks
Will Hutton
May 2, 2020
To avert permanent economic damage during the worst slump for 300 years, the government has to provide emergency credit to business, guarantee loans, offer grants, defer tax and rate payments and directly pay the wages of furloughed workers
Coronavirus will drive public debt far higher than expected – but that doesn’t mean a return to austerity
John Weeks
April 22, 2020
To achieve sustained recovery, the government might need to have household debt partially cancelled. The chancellor’s recovery programme addresses corporate debt to some extent, by providing businesses with loans with generous payback conditions and other support.
Latest GDP figures: the PEF Council reacts
John Weeks
August 10, 2018
Today the ONS released its first estimates of GDP growth in April-June 2018. Here, the PEF Council react to the figures and tell us what they mean for the UK economy.
