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.
Archive
Tag: Economic history and thought
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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.
Coronavirus, Economic Crisis and Basic Income
Guy Standing
March 17, 2020
A global economic crisis has been waiting to happen for several years, now Coronavirus is triggering that crisis. PEF Council member Guy Standing makes the case for introducing a Basic Income as a first step toward dealing with the pandemic.
Principals of Macroeconomics 5: Robinson and the Theory of Capital
John Weeks
February 10, 2020
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”.
Can we afford a better society? Yes we can!
John Weeks
January 24, 2020
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.
Principals of Macroeconomics 4: The Keynesian Revolution
John Weeks
January 20, 2020
As part four in the series, PEF Council Coordinator John Weeks writes on John Maynard Keynes’ vital contribution to macroeconomics.
How to value your time and not just your money
Guy Standing
January 16, 2020
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.
We need to talk about the Institute For Fiscal Studies
John Weeks
November 22, 2019
PEF Council coordinator John Weeks on the economic thinking at the IFS. Cross-posted from Open Democracy.
Review: The Debt Delusion by John Weeks
Matthew D. Rose
November 15, 2019
Brave New Europe’s Matthew D. Rose, reviews PEF Council Coordinator John Weeks’ new book The Debt Delusion.
Principals of Macroeconomics: 3. Marx on Accumulation and Instability
John Weeks
November 5, 2019
Professor John Weeks, PEF Council Coordinator, writes on the contributions of Karl Marx to the field of macroeconomics.
